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CONTRACT: Hands off!

22 November 2013  

Ian Tucker and Charles Crowne discuss a recent ruling on retention of title

Retention of title clauses are widely used in commercial contracts by sellers trying to preserve their right to reclaim goods until payment has been made in full. They are often combined with direct guarantees, letters of credit and/or restrictions on how the goods can be dealt with prior to payment in full being made.

Additional Info

  • Case(s) Referenced:

    FG Wilson (Engineering) Ltd v John Holt & Co (Liverpool) Ltd [2013] EWCA Civ 1232