Tag: good faith

Showing 24 out of 24 results

01 February 2016

How far can you act in your own self-interest? The role of good faith in commercial contracts

The traditional starting point in English contract law is that parties are free to do what they like so long as they do not breach the agreed terms. But …

09 July 2015

High Court refuses to imply duty of good faith in relation to exercise of contractual right

In a decision earlier this year, the High Court refused to imply a duty of good faith in relation to a contractual right to amend a loan note instrument: …

30 April 2015

Good faith principles applied to question of whether innocent party could keep contract alive following repudiatory breach

The High Court has held that a party was not entitled to keep a contract alive indefinitely for the purpose of claiming ongoing liquidated damages for …

12 March 2015

High Court implies duty of honesty and integrity into vehicle recovery contract

In a recent decision, the High Court has implied a duty of "honesty and integrity" into a vehicle recovery contract: D&G Cars Ltd v Essex Police …

31 July 2014

High Court implies duty of good faith into "relational" contract

In a recent case, the High Court has implied a duty of good faith into a long-term agreement between two commercial parties: Bristol Groundschool Limited …

09 July 2014

High Court finds agreement to engage in time limited "friendly discussions" is enforceable

The Commercial Court has held that a dispute resolution clause requiring the parties to seek to resolve a dispute by friendly discussions constituted an …

06 September 2013

Court of Appeal confirms implied fiduciary duty in joint venture arrangement

The Court of Appeal has recently upheld a first instance decision in which the court implied a fiduciary duty into a joint venture arrangement, including …

06 June 2013

High Court finds no duty of good faith in exercising contractual right of termination

In a recent decision, the High Court held that a contractual right of termination did not have to be exercised in good faith.  An express term of …

25 March 2013

Court of Appeal finds contract which left matters to be agreed not unenforceable for uncertainty

The Court of Appeal has recently held that a contract for the sale of goods which left matters, including certain charges and a shipping schedule, to be …

25 February 2013

High Court implies duty of good faith into distributorship agreement

In a recent decision, the High Court has implied a duty of good faith into a Distribution Agreement: Yam Seng Pte Ltd v International Trade Corp Ltd …

07 June 2012

The status of express obligations to negotiate in good faith

In two recent decisions, the courts have considered the enforceability of express contractual terms requiring a party to negotiate in good faith and, in …

01 November 2011

Article published on endeavours and good faith

Commercial contracts commonly require one or both parties to use "reasonable", "all reasonable" or "best" endeavours to achieve some goal, …