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Contracting: Discretion is the better part of valour
Jason Rix examines contractual discretion and absolute contractual rights ‘Where a contract is found to include a contractual discretion, the authorities show it will be subject to an implied term that the person exercising the discretion does so honestly and in good faith, with regard to the contract.’ Freedom of contract is a common term …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Associated Provincial Picture Houses Ltd v Wednesbury Corporation [1947] EWCA Civ 1
- Braganza v BP Shipping Ltd [2015] UKSC 17
- Crowther & anor v Arbuthnot Latham & Co Ltd [2018] EWHC 504 (Comm)
- LBI EHF v Raiffeisen Bank International AG [2018] EWCA Civ 719
- Lehman Brothers Special Financing Inc v National Power Corporation & anor [2018] EWHC 487 (Comm)
- Mid Essex Hospital Services NHS Trust v Compass Group UK and Ireland Ltd (t/a Medirest) [2013] EWCA Civ 200
- Property Alliance Group Ltd v The Royal Bank of Scotland plc [2018] EWCA Civ 355
- Shurbanova v Forex Capital Markets Ltd [2017] EWHC 2133 (QB)
- Socimer International Bank Ltd v Standard Bank London Ltd [2008] EWCA Civ 116
- TSG Building Services plc v South Anglia Housing Ltd [2013] EWHC 1151 (TCC)
- UBS AG v Rose Capital Ventures Ltd & ors [2018] EWHC 3137 (Ch)
- Watson & ors v Watchfinder.co.uk Ltd [2017] EWHC 1275 (Comm)