Contract law: Homeowner sues couple who rescinded on contract to buy his house

Contract law: Homeowner sues couple who rescinded on contract to buy his house

Brick tycoon, Alan Hardy, claims that the initial proceedings in the purchase of his £3.6million property were a legally binding contract and that therefore the buyers who withdrew from the purchase owe him damages in compensation, reports the Daily Mail. In April 2011, Mr and Mrs Griffiths agreed to buy Alan Hardy’s mansion in East Sussex and exchange contracts. The surveyor’s report of the property was not conducted or therefore seen buy the buyers until…

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Contract law: Government hit with £224m bill for unlawful abolishment of e-Border scheme

Contract law: Government hit with £224m bill for unlawful abolishment of e-Border scheme

Arbitration tribunal rules that government’s termination of its contract with e-Borders firm, Raytheon, was unlawful, reports the BBC. Having signed a nine-year contract with US e-Borders firm, Raytheon, in 2007, the government later deemed the programme a failure and believed there was no way of saving it. Terminating the contract with Raytheon just three years into the contract, Raytheon sought compensation through the arbitration tribunal which settles disputes regarding global contracts. ‘Raytheon threatened to sue…

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