Court of Appeal decision regarding repudiation of contracts

Court of Appeal decision regarding repudiation of contracts

THE COURT OF APPEAL HAS HANDED DOWN A DECISION CONCERNING REPUDIATION OF CONTRACTS

Quest Advisors Ltd v McFeely

The Court of Appeal handed down its decision in Quest Advisors Ltd v McFeely [2011] EWCA Civ 1517, a case concerning the sale and leaseback of a development site.  The Court considered the lawfulness of two decisions made in relation to the construction of a Court order. The Court found that there had not been a repudiation of contract, and requiring one party to pay a lump sum in respect of money owed thereunder.

Further commentary on the matter appears in the Estates Gazette 07 January 2012 at p54.

Asif Ahmed acted for the successful appellant.