22 Apr 2008
THE CORNWALL PARK TRUST BOARD (INC) V BROWN HC AK CIV 2007-404-007934
- Citation
- openlaw-83d13e61_9d86_498c_8fd8_ff66bdaf0af0.pdf
- Court
- High Court
Clause 13 of the lease creates a two-stage process where the appointed umpire acts as a sole arbitrator only if the two valuers cannot agree; the contractual requirement for an independent substantive valuation means the arbitrator should be a qualified real estate valuer; the High Court has jurisdiction to appoint such a person and accordingly appointed Gary Cheyne.