Three can be a crowd

Article Abstract:

The Contracts (Rights of Third Parties) Act 1999 allows a third party to enforce the terms of a contract to which it is not a party if the contract expressly allows this or if it purports to grant a benefit. The third party does not have to exist when the contract is made, but it must be identified by name or by reference to a specific description or class. There is a risk of unintentionally creating third-party rights, with the third party being able to enforce a contract if it purports to grant a benefit upon it. Furthermore, a third party's consent may be required to vary or cancel a contractual term.

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Limitations of the act

Article Abstract:

Most contracts in the UK property sector contain a clause which excludes the Contracts (Rights of Third Parties) Act 1999. The act came into force on May 11, 2000 but may need to be changed so it can be fully utilized.

United Kingdom, Third parties (Law)

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Give litigation a break

Article Abstract:

Issues are presented concerning the litigation surrounding break clauses in contracts. Five examples of situations involving broken contracts and the different interpretations which can be put on the law are discussed.

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