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Contract – Construction. The proceedings concerned an appeal relating to a contractual expert determination of an amount to be paid for the sale of a share in a company. The judge declared that the determination had not been valid and enforceable. The Court of Appeal, Civil Division, in dismissing the claimant's appeal, held that, on the true construction of the agreement governing the sale of the shares, the judge had been right to find that the expert had erred in considering that he was prevented from embarking on the task of applying the correct policy as to the calculation of liabilities.
Contract – Construction. The proceedings concerned an appeal relating to a contractual expert determination of an amount to be paid for the sale of a share in a company. The judge declared that the determination had not been valid and enforceable. The Court of Appeal, Civil Division, in dismissing the claimant's appeal, held that, on the true construction of the agreement governing the sale of the shares, the judge had been right to find that the expert had erred in considering that he was prevented from embarking on the task of applying the correct policy as to the calculation of liabilities.
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