Salem & Anor v Salem & Ors [2024] EWHC 3311 (Ch) (20 December 2024)
Clause 6.5 of the Settlement Deed is an unenforceable agreement to agree, imposing no binding obligation to agree a process for expert determination, and in any event, any such obligation was time-limited to 1 February 2017 and not extended by agreement in writing between all parties. The application disclosed no reasonable grounds or real prospect of success and is summarily dismissed.
- Citation
- [2024] EWHC 3311 (Ch)
- Parties
- First Claimant: Mireille Raymond Salem; Second Claimant: Moussa ("Moussy") Salem; First Defendant: Faraj ("Freddy") Moussa Salem; Second Defendant: Beno Moussa Salem; Third Defendant: Sequent (C. I.) Limited (formerly Rothschild Switzerland (C. I.) Trustees Limited); Fourth Defendant: Guernsey Global Trust Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 20 December 2024
- Procedural Posture
- Application in Stayed High Court Proceedings (business List, Chancery Division) / Summary Determination of Application to Lift Stay and for Declaratory/breach Relief
- Outcome
- Application dismissed
- Legal Topics
- Enforceability of Agreements to Agree, Reasonable Endeavours Clauses, Interpretation of Settlement Deeds, Summary Judgment/strike Out, Time Limited Contractual Obligations
Case Brief
Summary, issues, holding and outcome
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Parties
Mireille Raymond Salem
First Claimant
Moussa ("Moussy") Salem
Second Claimant
Faraj ("Freddy") Moussa Salem
First Defendant
Beno Moussa Salem
Second Defendant
Sequent (C. I.) Limited (formerly Rothschild Switzerland (C. I.) Trustees Limited)
Third Defendant
Guernsey Global Trust Limited
Fourth Defendant
Procedural Posture
Application in Stayed High Court Proceedings (business List, Chancery Division) / Summary Determination of Application to Lift Stay and for Declaratory/breach Relief
Legal Issues
- 1 Whether clause 6.5 of the Settlement Deed is an enforceable obligation or an unenforceable agreement to agree
- 2 Whether any obligation under clause 6.5 was time-limited to 1 February 2017 or continued thereafter
- 3 Whether there was any agreement in writing to extend the time limit under clause 6.5
Ratio Decidendi
Clause 6.5 of the Settlement Deed is an unenforceable agreement to agree, imposing no binding obligation to agree a process for expert determination, and in any event, any such obligation was time-limited to 1 February 2017 and not extended by agreement in writing between all parties. The application disclosed no reasonable grounds or real prospect of success and is summarily dismissed.
Court Disposition
Application dismissed
Orders
- Application to lift the stay on the 2014 Claim is dismissed
- No declaration or order for expert determination or damages is made
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