Chatfield v Jones
Appearance
Chatfield v Jones | |
---|---|
Court | Court of Appeal of New Zealand |
Full case name | Maurice Leicester Chatfield, Peter Howard Crump Hanson, Richard Ernest Yates v Peter Ernest Jones, Algar Keith Tozer |
Decided | 2 May 1990 |
Citation | [1990] 3 NZLR 285 |
Transcript | copy of judgment |
Court membership | |
Judges sitting | Cooke P, Somers J, Hardie Boys J |
Chatfield v Jones [1990] 3 NZLR 285 is a cited case in New Zealand regarding the issue of notice of cancellation of a contract, where a contract has been breached.[1][2]
Background
[edit]In November 1986, the parties agreed to transfer the shares in Acorn (Fiji) Limited, which operated a tourist train, in the Coral Coast, Fiji for $875,000. When the purchasers neglected to pay for the shares the following year, the shares were resold for $100,000, and sued the purchasers for the loss.
The purchasers defended the claim, saying they were not notified of the cancellation of the contract.
Held
[edit]Held, the court ruled that the vendors statement of claim notified them that the contract had been cancelled.
References
[edit]- ^ Chetwin, Maree; Graw, Stephen; Tiong, Raymond (2006). An introduction to the Law of Contract in New Zealand (4th ed.). Thomson Brookers. p. 423. ISBN 0-86472-555-8.
- ^ Walker, Campbell (2004). Butterworths Student Companion Contract (4th ed.). LexisNexis. pp. 202–203. ISBN 0-408-71770-X.