|Source:||All England Reporter|
|Publisher Citation:|| All ER (D) 119 (Aug)|
|Court:||Court of Appeal, Civil Division|
Aldous, Laws and Jonathan Parker LJJ
|Representation||Paul Teverson (instructed by Arnold Fooks Chadwick, London) for the claimant.|
|Nancy Dooher (instructed by Berg & Co, Manchester) for the defendant.|
|Judgment Dates:||31 July 2002|
Contract - Construction - Sale and purchase of shares - Contract containing option to pay by shares - Contract providing for cash payment if value of share option less than purchase price - Whether cash payment provision having arisen following exercise of share option.