Glen Schnarr & Associates Inc. v. Vector (Georgetown) Limited
The Court held the motions judge was correct that the appellants had accepted LDGL's anticipatory repudiation by failing to protest or commence proceedings for approximately 11 years; that acceptance caused the limitation period to run and the claim to be statuteâbarred, rendering a stay to arbitration unnecessary; the appeal was dismissed and costs awarded to respondents.
Source excerpt
- Anticipatory repudiation
- Termination of contract
- Arbitration clause
- Stay of proceedings
- Statute of limitations
- Estoppel