Source: All England Reporter
Publisher Citation: [2012] All ER (D) 141 (May)
Neutral Citation: [2012] EWHC 1329 (Comm)
Court: Queen's Bench Division, Commercial Court
Judge:

Teare J

Representation Michael McLaren QC and John Taylor (instructed by Byrne and Partners LLP) for the claimant.
  Akhil Shah QC and James Duffy (instructed by Bird & Bird LLP) for the defendant.
Judgment Dates: 18 May 2012

Catchwords

Practice - Summary judgment - Entitlement to summary judgment - Defence to claim - Claimant seeking repayment of deposit paid to defendant in respect of potential purchase of aircraft - Defendant contending that condition precedent to obligation to return deposit that claimant exercise good faith and reasonable endeavours - Claimant applying for summary judgment - Whether such condition precedent existing - Whether condition precedent enforceable in law - Whether defendant estopped from claiming that claimant failing to exercise good faith and reasonable endeavours - Whether summary judgment should be granted.

The Case

Practice Summary judgment. The Commercial Court of the Queen's Bench Division held that the defendant had no real prospect of successfully defending a claim for the return of a claimant's deposit of US$3.55m in respect of the intended purchase of an aircraft. The defendant was obliged to refund the deposit.

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