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Commercial contract – Construction. Court of Session: In an action concerning a Minute of Agreement relating to a development site owned by the petitioners which provided that they would reimburse the respondents' professional fees on fulfilment of certain conditions, the court held that the agreement must be construed as submitted by the respondents, who argued that there was no obligation on them to obtain planning consent; the petitioners were obliged to pay if they sold to a third party within five years of the agreement, they did so and therefore they were obliged to pay.
Commercial contract – Construction. Court of Session: In an action concerning a Minute of Agreement relating to a development site owned by the petitioners which provided that they would reimburse the respondents' professional fees on fulfilment of certain conditions, the court held that the agreement must be construed as submitted by the respondents, who argued that there was no obligation on them to obtain planning consent; the petitioners were obliged to pay if they sold to a third party within five years of the agreement, they did so and therefore they were obliged to pay.
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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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