SA Marie Brizzard Et Roger International, Re Registration of Judgment [2001] ScotCS 232 (10 October 2001)

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

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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

  1. 1 Whether alternative security (bank guarantee and letter of undertaking) is sufficient to warrant recall of arrestments
  2. 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