SA Marie Brizzard Et Roger International, Re Registration of Judgment [2001] ScotCS 232 (10 October 2001)
The parties, through their solicitors, reached a binding agreement that the petitioners would release all arrestments upon delivery of a bank guarantee and letter of undertaking in agreed terms; therefore, the motion for recall of arrestments is granted.
- Citation
- [2001] ScotCS 232
- Parties
- Petitioner: S. A. Marie Brizzard Et Roger International; Respondent: William Grant & Sons Limited; Respondent: William Grant & Sons International Limited
- Jurisdiction
- Scotland
- Judgment Date
- 10 October 2001
- Procedural Posture
- Petition for Registration of Foreign Judgment / Motion for Recall of Arrestments
- Outcome
- motion for recall of arrestments granted
- Legal Topics
- Enforcement of Foreign Judgments, Security for Claims, Arrestment on the Dependence, Contract Formation
Case Brief
Summary, issues, holding and outcome
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Parties
S. A. Marie Brizzard Et Roger International
Petitioner
William Grant & Sons Limited
Respondent
William Grant & Sons International Limited
Respondent
Procedural Posture
Petition for Registration of Foreign Judgment / Motion for Recall of Arrestments
Legal Issues
- 1 Whether alternative security (bank guarantee and letter of undertaking) is sufficient to warrant recall of arrestments
- 2 Whether parties reached a binding agreement to recall arrestments upon delivery of specified security
Ratio Decidendi
The parties, through their solicitors, reached a binding agreement that the petitioners would release all arrestments upon delivery of a bank guarantee and letter of undertaking in agreed terms; therefore, the motion for recall of arrestments is granted.
Court Disposition
motion for recall of arrestments granted
Orders
- Recall of all arrestments on the dependence
- Order for release of consigned funds following Lady Paton's interlocutor of 28 September 2001
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