E Johnson & Co (Barbados) Ltd v NSR Ltd

Subject Matter

VENDOR AND PURCHASER — Completion — Delay in completion — Notice of intended compulsory purchase issued after exchange of contracts Purchaser refusing to complete — Crown taking possession of land after date set for completion — Whether issue of notice frustrating event — Whether purchaser entitled to rescind — Whether vendor entitled to specific performance — Whether damages appropriate remedy — Land Acquisition Act, ss 3, 4, 5 — Barbados

[1996] UKPC 25; [1997] AC 400; [1996] 3 WLR 583, PC