THE GLASGOW ANGLING CENTRE LIMITED AGAINST (FIRST) GRANTON CENTRAL DEVELOPMENTS LIMITED, (SECOND) GRANTON CENTRAL MANAGEMENT LIMITED, (THIRD) ; PIP ASSET MANAGEMENT LLP [2020] SC EDIN 49 (05 November 2020)

THE GLASGOW ANGLING CENTRE LIMITED AGAINST (FIRST) GRANTON CENTRAL DEVELOPMENTS LIMITED, (SECOND) GRANTON CENTRAL MANAGEMENT LIMITED, (THIRD) ; PIP ASSET MANAGEMENT LLP [2020] SC EDIN 49 (05 November 2020)

The court found that the defenders were in material breach of the lease, entitling the pursuer to terminate the lease and claim damages.

Citation
[2020] SC EDIN 49
Parties
Pursuer: The Glasgow Angling Centre Limited; Defender: Granton Central Developments Limited; Defender: Granton Central Management Limited; Defender: PIP Asset Management LLP
Jurisdiction
Scotland
Judgment Date
05 November 2020
Procedural Posture
Commercial Action / Judgment
Outcome
judgment for the pursuer
Legal Topics
Lease Agreements, Termination of Lease, Damages
Commercial Law Contract Law Lease Agreements Termination of Lease Damages

Case Brief

Summary, issues, holding and outcome

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Parties

The Glasgow Angling Centre Limited

Pursuer

Granton Central Developments Limited

Defender

Granton Central Management Limited

Defender

PIP Asset Management LLP

Defender

Procedural Posture

Commercial Action / Judgment

Legal Issues

  1. 1 Whether the defenders were in breach of the lease agreement
  2. 2 Whether the pursuer was entitled to terminate the lease
  3. 3 Assessment of damages due to breach

Ratio Decidendi

The court found that the defenders were in material breach of the lease, entitling the pursuer to terminate the lease and claim damages.

Court Disposition

judgment for the pursuer

Orders

  • Lease terminated
  • Defenders ordered to pay damages to the pursuer