ATE FARMS LTD AGAINST (I) AW ESTATES SCOTLAND LTD (IN ADMINISTRATION) AND (II) ARJOWIGGINS SCOTLAND LTD (IN ADMINISTRATION) AND THE JOINT ADMINISTRATORS THEREOF; AND ANOTHER
ATE FARMS LTD AGAINST (I) AW ESTATES SCOTLAND LTD (IN ADMINISTRATION) AND (II) ARJOWIGGINS SCOTLAND LTD (IN ADMINISTRATION) AND THE JOINT ADMINISTRATORS THEREOF; AND ANOTHER [2023] ScotCS CSOH_73 (17 October 2023)
The court held that administrators breached a deposit and exclusivity agreement by insisting on environmental indemnities beyond the heads of terms, and ordered repayment of the £300,000 deposit.
- Breach of contract
- Good faith obligations
- Deposit and exclusivity agreements
- Environmental indemnities
- Rescission of contract
- Contract-breach