“…The second question was addressed in the judgment from [119]. The Judge reviewed a number of authorities, including Foakes v. Beer (1884) 9 App Cas 605; Williams v. Roffey Bros [1991] 1 QB 1 (CA); In Re Selectmove Ltd [1995] 1 WLR 474 and the recent decision of the Supreme Court in MWB Business Exchange Centre…”
“…even if only $1 remained outstanding by way of principal. This case has little to do with the correctness or otherwise of the decision in Foakes v. Beer (1884) 9 App Cas 605, which may arise in another case.…”