Jersey Steel Co. v Holdyne Ltd. [1972] JJ 2009 (18 February 1972)

Jersey Steel Co. v Holdyne Ltd. [1972] JJ 2009 (18 February 1972)

Deductions from interim payments under the standard RIBA contract are permissible only for liquidated and undisputed amounts; unliquidated or disputed counterclaims cannot be deducted.

Citation
[1972] JJ 2009
Parties
Claimant: Jersey Steel Co.; Defendant: Holdyne Ltd.
Jurisdiction
Jersey
Judgment Date
18 February 1972
Procedural Posture
Civil / Judgment
Outcome
claim allowed
Legal Topics
Interim Payment, Deduction From Payment, Liquidated Claims, Counterclaims

Case Brief

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Parties

Jersey Steel Co.

Claimant

Holdyne Ltd.

Defendant

Procedural Posture

Civil / Judgment

  1. 1 Whether deductions from interim payments under a standard RIBA contract can be made for unliquidated or disputed counterclaims.

Ratio Decidendi

Deductions from interim payments under the standard RIBA contract are permissible only for liquidated and undisputed amounts; unliquidated or disputed counterclaims cannot be deducted.

Court Disposition

claim allowed

Orders

  • Defendant may not deduct unliquidated or disputed counterclaims from interim payment due under the interim certificate.