Groveholt obtains successful declaration involving overage payment
Client(s) Groveholt Ltd.
Jones Day successfully represented Groveholt Ltd. in its claim alleging an overage payment due to a former owner of a Brownfield regeneration site in Derbyshire. The unsuccessful defendants sought a payment of approximately £4.5 million.
Groveholt Ltd. v. Alan Hughes & Delbrook Properties Limited, High Court Chancery Division