Business Law – Alleged Breach of Deal – Creating Contract – Functionality Bonds
The circumstance of Spiersbridge Residence Developments Ltd vMuir Development Ltd [2008] concerned a resolve relating to an motion alleging breach of a building deal. A bank had paid out out an volume demanded by the pursuer below a functionality bond and it experienced to be decided, if the demand from customers on the bond exceeded […]
Maltese Legislation on House – The Contract of Emphyteusis
Write-up 1494 of the Maltese Civil Code (Chapter 16 of the Guidelines of Malta), defines Emphyteusis as follows: “Emphyteusis is a deal whereby a single of the contracting events grants to the other, in perpetuity or for a time, a tenement for a stated yearly rent or ground-hire which the latter binds himself to pay […]