Gaia Ventures Ltd v Abbeygate Helical (Leisure Plaza) Ltd: ChD 31 Jan 2018

The court was asked whether a developer used ‘reasonable endeavours’ to achieve ‘as soon as reasonably practicable’ the satisfaction of certain conditions upon the fulfilment of which the developer became obliged to make an overage payment of pounds 1.4 million: and if it did not, then whether the overage payment or damages in lieu are payable.

Judges:

Norris J

Citations:

[2018] EWHC 118 (Ch)

Links:

Bailii

Jurisdiction:

England and Wales

Contract, Land

Updated: 04 April 2022; Ref: scu.604191