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Contract – Construction. The claimant appealed against the judge's finding that it had been in breach of a settlement agreement by failing to supply the defendant with pre-contractual documentation for the purchase of a plot. It contended that the requirement to 'exchange contracts' meant only the supply of signed documents. The Court of Appeal, Civil Division, in dismissing the appeal, held that 'exchange contracts' had included normal pre-contractual conveyancing procedures. Accordingly, the claimant's failure to provide those documents in correct terms had constituted a breach of the settlement agreement.
Contract – Construction. The claimant appealed against the judge's finding that it had been in breach of a settlement agreement by failing to supply the defendant with pre-contractual documentation for the purchase of a plot. It contended that the requirement to 'exchange contracts' meant only the supply of signed documents. The Court of Appeal, Civil Division, in dismissing the appeal, held that 'exchange contracts' had included normal pre-contractual conveyancing procedures. Accordingly, the claimant's failure to provide those documents in correct terms had constituted a breach of the settlement agreement.
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Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
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