ODYSSEY AVIATION LTD v GFG 737 LTD

[2020] Lloyd's Rep. Plus 7

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Peter MacDonald Eggers QC (sitting as a Deputy Judge of the High Court)

Sale of aircraft – Aircraft Sale and Purchase Agreement – Buyer purporting to terminate agreement for seller’s breach of warranty as to title and for failing to fulfil conditions precedent – Whether termination valid – Seller purporting to terminate agreement for buyer’s failure to pay balance of purchase price – Whether termination valid – Whether seller entitled to summary judgment for return of deposit – Whether buyer entitled to summary judgment for return of deposit.