Charles Rickards Ltd v Oppenheim, [1950] 1 KB 616
Citation:Charles Rickards Ltd v Oppenheim, [1950] 1 KB 616
Rule of thumb:What happens if you purchase property to be delivered by a certain date, and it is not provided at the stipulated time? You are entitled to your money back or to back out from the contract. Moreover, if you grant one extension, and this is not met, this does not waive your original right to terminate the contract if the deadlines set were not met.
Judgment:
‘It would be most unreasonable if the defendant having been lenient and waived the initial expressed time, should, by so doing, have prevented himself from ever thereafter insisting on reasonably quick delivery. In my judgment, he was entitled to give a reasonable notice making time of the essence of the matter.’ Lord Denning
Warning: This is not professional legal advice. This is not professional legal education advice. Please obtain professional guidance before embarking on any legal course of action. This is just an interpretation of a Judgment by persons of legal insight & varying levels of legal specialism, experience & expertise. Please read the Judgment yourself and form your own interpretation of it with professional assistance.