New Guarantee Trust Fin. Ltd. v Birbeck [1977] JLR 71 (18 August 1977)

New Guarantee Trust Fin. Ltd. v Birbeck [1977] JLR 71 (18 August 1977)

Repudiation is not barred by acceptance of interest due on a debt when the fundamental breach is unconnected with interest payments.

Citation
[1977] JLR 71
Parties
Applicant: New Guarantee Trust Fin. Ltd.; Respondent: Birbeck
Jurisdiction
Jersey
Judgment Date
18 August 1977
Procedural Posture
Civil / Judgment
Outcome
repudiation not barred
Legal Topics
Repudiation, Acquiescence, Fundamental Breach

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Party arguments 2
Sign in to unlock

Parties

New Guarantee Trust Fin. Ltd.

Applicant

Birbeck

Respondent

Procedural Posture

Civil / Judgment

  1. 1 Whether acceptance of interest due on a debt constitutes acquiescence in a fundamental breach unconnected with interest payments
  2. 2 Whether repudiation is barred by such acceptance

Ratio Decidendi

Repudiation is not barred by acceptance of interest due on a debt when the fundamental breach is unconnected with interest payments.

Court Disposition

repudiation not barred