000			01842cam a22002055a 4500
001			L138245
008			070524e2007 xxk f 000 0 eng d
035			_a(Sirsi) u138245
041	0		_aeng
245	0	0	_aLloyd and another v. Sutcliffe _h[electronic resource]
260			_c2007
520			_a[2007] EWCA Civ 153, 28 February 2007. The appellants appealed against a decision that an equity had arisen in favour of the respondent in respect of the profit to be made from a residential building development. The appellants had obtained options to purchase the sites of two former petrol stations through their company. The respondent agreed to make an equal investment into the venture, in return for 50 per cent of the profits. Before a written agreement was made the appellants required the agreement to be modified so that one of the option agreements was transferred to the respondent's company. The relationship broke down and the respondent sued the appellants for breach of contract and relief pursuant to the doctrine of proprietary estoppel. The judge concluded that there had been an understanding that respondent would share in the profits. "Held": The judge had been right to find that the arrangement between the respondent and the appellants had not been "dealt with" in the shareholders agreement so that the entire understanding clause had not been engaged. Although the project in respect of the site had been mentioned in the agreement, it did not dispose of the arrangements in relation to that development.
590			_aKA
650	2	4	_aLLOYD V SUTCLIFFE
650	2	4	_aCOBBE V YEOMAN'S ROW MANAGEMENT LTD
651		4	_aEngland _y886-
690			_aPROPERTY-PROPERTY DEVELOPMENT
856	4	0	_uhttps://www.bailii.org/ew/cases/EWCA/Civ/2007/153.html _zView the item free of charge at www.bailii.org...
942			_n0
999			_c107076 _d107076