Gaia Ventures Ltd v Abbeygate Helical (Leisure Plaza) Ltd

Sale of land – Condition. The claimant company was entitled to damages of £1.4m in a dispute concerning the development of land in Milton Keynes. The Chancery Division held that the defendant company had not made reasonable endeavours to achieve, as soon as reasonably practicable, the variations in property interests contemplated by an overage provision in a transfer agreement.

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