Praetura Asset Finance Ltd v Hood [2019] EWHC 2231 (Comm) (31 July 2019)
Thursday, 09 April 2020
THE DEFAULT JUDGMENT The High Court of Justice (Business and Property Courts in Manchester) (the “Court”) heard a case in which Praetura Asset Finance Limited (the “Claimant”) sought to recover approximately £1,500,000.00 (One Million Five Hundred Thousand Pounds) from Derek Thomas Hood (the “Defendant”) in terms of an unregulated hire purchase agreement which involved a
- Published in 2019, Contract Law, English Law:
South African Football Association v Fli-Afrika Travel (Pty) Limited (13172018) [2020] ZASCA 4 (4 March 2020)
Monday, 16 March 2020
BACKGROUND The Appellant, the South African Football Association (hereinafter referred to as “SAFA”), and the Respondent, Fli-Afrika Travel (Pty) Ltd (hereinafter referred to as “Fli-Afrika”) had a long-standing commercial relationship, in terms of which Fli-Afrika was SAFA’s travel agent. The subject of the appeal was two agreements concluded between the parties, namely a Service Level
- Published in 2020, Contract Law
Boskalis Offshore Marine Contracting BV v Atlantic Marine and Aviation LLP (The “Atlantic Tonjer”) [2019] EWHC 1213 (Comm) (14 May 2019)
Friday, 13 March 2020
- Published in Contract Law, 2017, Arbitration, English Law, interpretation
TMF Trustee Ltd & Ors v Fire Navigation Inc & Ors [2019] EWHC 2918 (Comm)(01 November 2019)
Friday, 14 February 2020
BACKGROUND Burlington Loan Management DAC and Bank of America N.A, the third and fourth claimants in the matter (collectively the “Lenders”), entered into a loan agreement (the “Loan Agreement”) with Fire Navigation Inc and Hurricane Navigation Inc, the first and second defendants in the matter (“collectively the Borrowers”). In terms of the Loan Agreement, the
- Published in 2020, Contract Law
Zedra Trust Company (Jersey) Ltd and another v The Hut Group Ltd [2019] EWHC 2191(Comm)(29 August 2019)
Thursday, 21 November 2019
SUMMARY AND BACKGROUND In or during May 2011, the claimants in the matter, namely Zedra Trust Company (Jersey) Limited and Oliver Nobahar-Cookson (collectively the “Claimants”) concluded a written sale and purchase agreement with The Hut Group Limited (the “Defendant”) wherein the Claimants agreed to sell their shares in Cent Ltd (the “Company”) to the Defendant
- Published in 2019, Contract Law, English Law
Eleni Shipping Limited v Transgrain Shipping BV (The Eleni P)[2019]EWHC 910 (Comm)(10 April 2019)
Wednesday, 16 October 2019
SUMMARY AND ARBITRATION AWARD This matter was an appeal from an arbitration award, over the correct interpretation of two clauses, namely clauses 49 and 101, in a charter party contract (a deed between a shipowner and a trader for the hire of a ship and the delivery of cargo)(the “Contract”). The arbitration tribunal who had
- Published in 2019, Contract Law, English Law
Merchant West (Pty) Ltd v Cell C (Pty) Ltd (17/22900) [2019] ZAGPJHC 26 (7 February 2019)
Wednesday, 07 August 2019
BACKGROUND AND SUMMARY The application involves the interpretation of a lease agreement (“the lease agreement”) between Merchant West (Pty) Ltd (“the Applicant”) and Cell C (Pty) Ltd (“the Respondent”). The lease agreement was made up of a Master Rental Agreement (“the MRA”) concluded on 19 December 2013, a side letter dated 4 December 2013 and
- Published in News, Contract Law, interpretation
Trustees for the Time Being of the Oregon Trust v BEADICA 231 CC and Others (74/2018) [2019] ZASCA 23 (28 March 2019)
Monday, 10 June 2019
BACKGROUND As part of a black empowerment initiative by the National Empowerment Fund (“NEF”), various franchise agreements were concluded between Sales Hire CC (“Sales Hire”) and four close corporations, the members of which were former employees of Sales Hire (“Lessees”). In addition, a cooperation agreement was entered into between Sales Hire and the NEF in
- Published in 2019, Contract Law, News
Ritz Plaza (Proprietary) Limited v Ritz Hotel Management Company (Proprietary) Limited (20753/17) [2018] ZAWCHC 60; [2018] 3 All SA 583 (WCC) (28 May 2018)
Monday, 11 February 2019
BACKGROUND On 11 October 2016, the applicant company (“the lessor”) concluded a written lease agreement (“the lease”) with the respondent (“the lessee”) in terms whereof the hotel and the property on which it is located were leased to it for a period of 20 years. By the end of 2016, the lessee began defaulting on
- Published in News, 2019, Contract Law
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