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Contract – Loan contract – Repayment of loan. Court of Session: In an action in which the pursuer sought payment of £215,367, which was the total sum repayable in respect of loans he made to a football club and which he said was repayable on demand in the absence of any contrary agreement, the court was satisfied on the evidence taken as a whole that agreement was reached that the sums the pursuer loaned would not be repaid until the club was able to repay them.
Contract – Loan contract – Repayment of loan. Court of Session: In an action in which the pursuer sought payment of £215,367, which was the total sum repayable in respect of loans he made to a football club and which he said was repayable on demand in the absence of any contrary agreement, the court was satisfied on the evidence taken as a whole that agreement was reached that the sums the pursuer loaned would not be repaid until the club was able to repay them.
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