Late payment: common law right | Practical Law

Late payment: common law right | Practical Law

The Court of Appeal has held that a party could terminate a contract for repudiatory breach where the other party had repeatedly delayed making payments.

Late payment: common law right

Practical Law UK Articles 0-636-2778 (Approx. 3 pages)

Late payment: common law right

by Baker & McKenzie LLP
Published on 01 Dec 2016United Kingdom
The Court of Appeal has held that a party could terminate a contract for repudiatory breach where the other party had repeatedly delayed making payments.