The Sheik’s claim arises out of an agreement for the purchase of a 2.5 per cent interest in a Gulf Stream 450 aircraft (‘the Aircraft’) for US$4,398,750 (‘the Agreement’). The claimant alleges that NAS failed to deliver the interest in the aircraft and to satisfy certain conditions precedent and that, accordingly, the Sheik is entitled to return of the US$4,398,750 or to an equivalent amount of damages.
Aikens, Sharp, Bean LJJ
[2015] EWCA Civ 731
Bailii
England and Wales
Contract
Updated: 05 January 2022; Ref: scu.553831