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ASTOR MANAGEMENT AG AND ANOTHER v ATALAYA MINING PLC AND OTHERS

Lloyd's Law Reports

ASTOR MANAGEMENT AG AND ANOTHER v ATALAYA MINING PLC AND OTHERS

[2017] 1 Lloyd's Rep. 476

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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