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Lloyd's Law Reports Plus

ASTOR MANAGEMENT AG AND ANOTHER v ATALAYA MINING PLC AND OTHERS

[2017] Lloyd's Rep. Plus 35

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Leggatt

Contract – Sale of interest in mining operation – Deferred Consideration payable when senior debt finance secured – Principle of futility – Whether condition complied with – Obligation to use all reasonable endeavours – Whether obligation void for uncertainty – Implied term of good faith.

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