17 May 2006
BEDFORD INVESTMENTS LTD V ALDER & CO LTD HC AK CIV-2006-404-1567
- Citation
- openlaw-0be90008_0a99_4170_bbef_25f95d3732d9.pdf
- Court
- High Court
Clause 54 of the lease confers an unfettered discretion on the lessor to decide whether to grant a renewal; therefore there is no contractual obligation to grant a renewal and s 120 does not apply, so the Court has no jurisdiction to grant relief; alternatively, even if jurisdiction existed, relief would be refused because the lessee's chronic and significant payment defaults made refusal reasonable.