29 Nov 2013
URBAN RENEWAL AUTHORITY v. AGRILA LTD AND ANOTHER
- Citation
- URBAN RENEWAL AUTHORITY v. AGRILA LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA1582/2002
On construction the Heads of Agreement expressly made the 1st defendant responsible for Acquisition Funds including resumption payments and, read with the Restructuring Agreement and its Memorandum, an implied term (and the commercial matrix) established the 1st defendant's contractual liability; in any event the defendants are estopped by convention from denying liability because they and LDC conducted themselves on the shared assumption that the 1st defendant would pay resumption demands until August 2000; A&I(3) did not discharge resumption liabilities; no collateral/oral settlement existe…