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Advising clients about complying with reasonable endeavours obligations is a challenge, so how can a previously reported ruling from May 2019 assist? (Gaia Ventures Ltd v Abbeygate Helical (Leisure Plaza) Ltd)

Advising clients about complying with reasonable endeavours obligations is a challenge, so how can a previously reported ruling from May 2019 assist? (Gaia Ventures Ltd v Abbeygate Helical (Leisure Plaza) Ltd)
Published on: 06 August 2019
Published by: LexisPSL
  • Advising clients about complying with reasonable endeavours obligations is a challenge, so how can a previously reported ruling from May 2019 assist? (Gaia Ventures Ltd v Abbeygate Helical (Leisure Plaza) Ltd)
  • What are the practical implications of this case?
  • What was the background?
  • What did the court decide?

Article summary

Property analysis: Alison Hardy, partner at Ashurst, explains the courts’ differing approach to the meaning and extent of ‘reasonable endeavours’ and how the court concluded that a party, which dragged its feet to avoid a contractual obligation, had failed in its obligation to use reasonable endeavours. or take a trial to read the full analysis.

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