Lord Drummond Young said that the right or retention only arises where one party is in material breach of contract.
Judges:
Lord Drummond Young
Citations:
2005 SLT 37
Jurisdiction:
Scotland
Cited by:
Cited – Inveresk Plc v Tullis Russell Papermakers Ltd SC 5-May-2010
The parties had undertaken the sale of a business (from I to TR) with part of the consideration to be payable on later calculation of the turnover. The agreement provided for an audit if the parties failed to agree. TR issued a figure. I argued that . .
Lists of cited by and citing cases may be incomplete.
Contract
Updated: 04 December 2022; Ref: scu.410707
