Lakeville Investments Limited v MAT & Spencer Limited
Lakeville Investments Limited v MAT & Spencer Limited (Civil Suit 960 of 2018) [2023] UGCommC 243 (15 December 2023)
The court found that a valid and binding contract existed between the parties, supported by the quotation and partial performance. The Defendant breached the contract by failing to complete the subdivision and titling of plots within the stipulated 59 working days. However, the Plaintiff also breached the contract by failing to pay the full contract sum, contributing to delays. The court found cross-breach but held the Defendant primarily liable for breach of contract. The Plaintiff failed to prove a direct causal link between the Defendant's breach and alleged reputational or economic loss,…
Source excerpt
- Breach Of Contract
- Land Development Agreements
- Contractual Damages
- Reputational Harm