000			01620cab a2200205 4500
001			L130579
008			050815n2005 000 0 eng u
035			_a(Sirsi) u130579
041			_aeng
100			_aGordon, Warren
245			_aCase news: Hughes v Groveholt
260			_c2005
490			_aProperty Week _v70(31) 5 August 2005, 57(1)
520			_aDiscusses the case "Hughes v Groveholt Ltd" ([2005] EWCA Civ 897, unreported) where the court had to decide whether the seller of a brownfield site was entitled to additional payments when the value of that land increased. The appellant, Hughes (H), had sold land to Chelverton Properties as part of a redevelopment scheme and had taken out a mortgage on the land to protect his position as he would be paid more if planning consents were given. Chelverton sold the land to the defendant, developers Groveholt (G), subject to H's mortgage but on liquidation, the liquidator disclaimed Chelverton's rights and obligations to H: at the time H was entitled to £3m in extra payments. H claimed the £3m but the court decided that he had lost the right to the money on the grounds that there was no commercial sense in H getting an extra purchase payment that did not reflect the preparatory costs a developer would have to incur.
590			_aIKA160805
650			_aHUGHES V GROVEHOLT LTD
690			_aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY DEVELOPMENT
856			_uhttps://www.bailii.org/cgi-bin/markup.cgi?doc=/ew/cases/EWCA/Civ/2005/897.html&query=hughes+groveholt&method=all _zView the item free of charge at www.bailii.org...
942			_n0
999			_c75713 _d75713