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Case study: A salutary lesson
The recent case of Fishbourne v Stephens demonstrates that conditional option agreements, while a useful development tool, can cause a whole raft of issues if poorly drafted. Julian Greenhill QC, Danny Revitt and George Cohen consider its implications The Court of Appeal concluded that an interpretation that enabled the option-holder to trigger the option with …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Fishbourne Developments Ltd v Stephens [2020] EWCA Civ 1704
- Fishbourne Developments Ltd v Stephens [2020] EWHC 932 (Ch)
- Giedo Van Der Garde BV v Force India Formula One Team Ltd [2010] EWHC 2373 (QB)
- Hallam Land Management Ltd v UK Coal Mining Ltd [2002] EWCA Civ 982
- HIH Casualty and General Insurance Ltd v New Hampshire Insurance Co [2001] CLC 1480
- Rainy Sky v Kookmin Bank [2011] 1 WLR 2900
- Wood v Capita Insurance Services [2017] UKSC 24