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formationsettlementcompromise
Baltimore Wharf SLP v Ballymore Properties Ltd
[2026] EWHC 312 (TCC)
Key Principle
Where settlement negotiations are conducted 'subject to contract', that qualification persists, and no binding settlement arises, until the parties expressly agree to remove it or such agreement is necessarily implied; merely reaching agreement on terms is not enough.
Area of Law
General
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