The parties had contracted for the sale of a business with a requirement that the vendors remain as directors. They now disputed whether they could be removed as such.
Held: The purchasers’ appeal succeeded. The clause was not well drafted, but properly construed, it allowed a request to remove themselves.
Judges:
Mummery, Aikens, Lewison LJJ
Citations:
[2013] EWCA Civ 47
Links:
Jurisdiction:
England and Wales
Citing:
Appeal from – Bonham-Carter and Others v Situ Ventures Ltd ChD 19-Dec-2012
. .
Lists of cited by and citing cases may be incomplete.
Contract
Updated: 14 November 2022; Ref: scu.470832