000 01866cad a22001935a 4500
001 L140947
008 071022e20071022xxk f 000 0 eng d
035 _a(Sirsi) u140947
041 0 _aeng
245 0 0 _aRoss River Limited and another V Cambridge City FC
_h[electronic resource]
260 _c2007
520 _a[2007] EWHC 2115 (Ch), 19 September 2007. Considered whether an agreement for redevelopment could be rescinded owing to a misrepresentation of the value of that development, and an undisclosed payment to an individual with a vested interest. The defendant football club (C) sold the freehold in its ground to the developers (R), under the representation of its Chief Executive (E). R granted C a lease of the ground while arranging redevelopment. C sold its share in the ground overage to R. During negations, C's surveyor requested various information from R's project manager (H) who made representations. At the same time, H arranged a payment to E. C issued a notice against R's registration of the ground, and R instigated proceedings against this. "Held": R had a duty of full disclosure of facts to C by virtue of a mutual good faith agreement. H had not disclosed all the facts to C's surveyor and had therefore misrepresented key aspects of the sale on R's behalf. Due to this, C was entitled to rescind the overage agreement. Sufficient disclosure of the payment to E had not been made. However the original sale of the ground had been conducted before the subsequent issues arose and remained valid. Judgment accordingly.
590 _aKA
650 2 4 _aROSS RIVER LTD AND ANOTHER V CAMBRIDGE CITY FC
651 4 _aEngland and Wales
_y1543-
690 _aPROPERTY-PROPERTY ACQUISITION AND DISPOSAL
856 4 0 _uhttps://www.bailii.org/ew/cases/EWHC/Ch/2007/2115.html
_zView the judgment free of charge at www.bailii.org...
942 _n0
999 _c79385
_d79385