08 Remedies 1 Flashcards
The Effect of Termination: The contract-breaker’s unperformed primary obligation is replaced by a secondary (remedial) obligation to pay monetary compensation [1980]…
Photo Production Ltd. v Securicor Transport Ltd.
Innominate Terms: ‘Wait and See’ terms which cannot be labelled as conditions or warranties until breach [1962]…
Hong Kong Fir Shipping v Kawasaki Kisen Kaisha Ltd.
*Classifying Terms: The parties are free to classify terms as they wish; trivial terms can be conditions [1987]…
Lombard North Central Plc v Butterworth
*Classifying Terms: Courts may restrict termination clauses that are too unfair on one party, i.e. allowing termination for breach of any obligations [2000]…
Rice v Great Yarmouth BC
Restitution of Benefits Conferred: Restitution is only available for total failure of consideration [1923]…
Rowland v Divall
Agreed Sum: The claimant must have substantially performed to warrant the agreed sum [1952]…
Hoenig v Isaacs
Specific Performance: Specific Performance is an equitable remedy, awarded when it would do ‘more perfect and complete justice’ than damages [1968]…
Beswick v Beswick
Specific Performance: The leading modern case on specific performance tilted the balance in favour of the contract-breaker [1998]…
Cooperative Insurance Society v Argyll Stores
Renunciation or Repudiation: Renunciation is actionable as a breach in itself [1853]…
Hochster v De la Tour