Source: All England Reporter
Publisher Citation: [2003] All ER (D) 113 (Sep)
Neutral Citation: [2003] EWHC 2148 (Ch)
Court: Chancery Division
Judge:

Lawrence Collins J

Representation Michael Driscoll QC (instructed by Paris Smith & Randall) for the claimant.
  Michael Barnes QC and Kenneth Munro (instructed by Bircham Dyson Bell) for the first defendant.
Judgment Dates: 17 September 2003

Catchwords

Contract - Construction of contract - Option to buy freehold in land - Formula for assessing purchase price - Declaration sought in respect of purchase price.

The Case

On the proper construction of a clause in an option agreement determining the price of land to be purchased for the construction of a football stadium, the purchase price would be 900,000 and the declaration sought by the claimant in those terms would be made.

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