||All England Reporter
|| All ER (D) 110 (Jan)
|| EWHC 57 (Comm)
||Queen's Bench Division, Commercial Court
||David Peters (instructed by Watson, Farley & Williams LLP) for the claimant.
||Robert Bright QC and Peter Stevenson (instructed by Swinnerton Moore LLP) for the defendant.
||19 January 2015
Contract - Rectification - Written contract - Claimant and another businessman selling shares in shipping company to defendant company - Dispute arising as to value of shares - Whether value to be based on value given in delivery date accounts - Whether defendant being entitled to dispute value given in delivery date accounts - Whether agreement to be rectified.
Contract Rectification. The claimant and another businessman sold shares in a shipping company to the defendant company. A dispute arose as to the value of the shares. The Commercial Court held that, among other things, the agreement between the parties had not reflected their common intention, and an order for rectification would be made.
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