Chatfield v Jones explained

Chatfield v Jones
Court:Court of Appeal of New Zealand
Date Decided:2 May 1990
Full Name:Maurice Leicester Chatfield, Peter Howard Crump Hanson, Richard Ernest Yates v Peter Ernest Jones, Algar Keith Tozer
Citations:[1990] 3 NZLR 285
Judges:Cooke P, Somers J, Hardie Boys J
Transcripts:copy of judgment

Chatfield v Jones [1990] 3 NZLR 285 is a cited case in New Zealand regarding the issue of notice of cancellation of a contract, where a contract has been breached.[1] [2]

Background

In November 1986, the parties agreed to transfer the shares in Acorn (Fiji) Limited, which operated a tourist train, in the Coral Coast, Fiji for $875,000. When the purchasers neglected to pay for the shares the following year, the shares were resold for $100,000, and sued the purchasers for the loss.

The purchasers defended the claim, saying they were not notified of the cancellation of the contract.

Held

Held, the court ruled that the vendors statement of claim notified them that the contract had been cancelled.

Notes and References

  1. Book: An introduction to the Law of Contract in New Zealand . 4th . Chetwin . Maree . Graw . Stephen . Tiong . Raymond . Thomson Brookers . 0-86472-555-8 . 2006 . 423.
  2. Book: Butterworths Student Companion Contract . 4th . Walker . Campbell . LexisNexis . 0-408-71770-X. 2004 . 202–203.