By Mitchell Labiak2019-02-20T10:40:00
The High Court has ruled in favour of Canary Wharf Group over its claim that Brexit did not amount to ‘frustration’ of the European Medicines Agency’s 25-year, £500m lease.
‘Frustration’ is a legal term referring to an unforeseen event that changes the nature of the original agreement so drastically that it would be unfair to hold both parties to the contract.
You must be logged in to continue
Try Property Week For Free to finish this article.
Sign up now for the following benefits:
To access this article TRY FOR FREE NOW
Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.
Registered users and subscribers SIGN IN here to continue
Site powered by Webvision Cloud