000 01909cam a2200229 4500
001 X126420
008 040604n2004 000 0 eng u
035 _a(Sirsi) u126420
100 _aBrewer, G.
245 _aSettlement agreements
260 _c2004
490 _aContract Journal
_v423(6473) 28 April 2004, 22(1)
520 _aDiscusses "Hurst Stores and Interiors Ltd v M L Europe Property Ltd" ([2004] EWCA Civ 490, [2004] CILL 2109 which concerned whether a purported settlement agreement was binding on the parties. H was a contractor on a project to develop a new headquarters for ML. H submitted a final account document for works which were extensively altered and delayed, which Mace (M), ML's construction manager, rejected. During the course of the works M had submitted over 500 Interim Statements of Account (ISAs) to H, which their project manager had routinely signed. Six months before completion M submitted a differently worded ISA, which substituted final for interim and inserted a page which said the calculated amount payable was to be accepted by H in full and final settlement. Again H's project manager signed, believing it to be similar to previous ones. H lost in adjudication and argued the project manager had no jurisdiction to enter into these agreements and had made a mistake in signing the controversial one. The case was dismissed on appeal. Points out that settlement agreements are important documents which generally depart from contract mechanisms. The clear authority of the signing parties must be obtained and the purpose of the document must be clear and unambiguous at the time of signing.
590 _aABS
590 _aABS
650 _aHURST STORES AND INTERIORS LTD V M L EUROPE PROPERTY LTD
650 _aADJUDICATION
650 _aINTERIM STATEMENTS
650 _aSETTLEMENT AGREEMENTS
690 _aDISPUTE RESOLUTION
_96236
942 _n0
999 _c117480
_d117480