MAKDESSI v CAVENDISH SQUARE HOLDINGS BV AND ANOTHER
[2014] BLR Plus 17
COURT OF APPEAL (CIVIL DIVISION)
Before Lord Justice Patten, Lord Justice Tomlinson, and Lord Justice Christopher Clarke
Agreement for sale of shares - Provision for payment in instalments - If seller defaulted on restrictive covenants, interim and final payments not to be made - Whether clauses unenforceable as penalties