DEACONS v. DISTACOM COMMUNICATIONS LTD AND OTHERS
The Court of First Instance held that the escrow sum was payable to the Sellers, with interest split before and after 10 November 2005, and awarded Deacons indemnity costs.
- Construction of escrow agreement
- Notice requirements and prescribed forms
- Completion date and extension
- Entitlement to interest on escrow funds
- Set-off and indemnity for costs
- Promissory estoppel