Berghoff Trading Ltd & Ors v Swinbrook Developments Ltd & Ors [2009] EWCA Civ 413 (19 May 2009)
The contractual structure, including joint and several obligations and the Participation Agreement, precluded any right of indemnity or contribution by Rosserlane against Caspian. Any possible right under the Resolution was either assigned to the buyers or extinguished upon sale. Rosserlane's counterclaim had no real prospect of success.
- Citation
- [2009] EWCA Civ 413
- Parties
- Respondent/claimant: Berghoff Trading Limited; Respondent/claimant: GEA Holdings Limited; Respondent/claimant: Caspian Energy Group LP; Appellant/defendant: Swinbrook Developments Limited; Appellant/defendant: Rosserlane Consultants Limited; Appellant/defendant: Dr Zaur Leshkasheli
- Jurisdiction
- England and Wales
- Judgment Date
- 19 May 2009
- Procedural Posture
- Civil Appeal / Appeal From Summary Judgment (queen's Bench Division, Commercial Court)
- Outcome
- Appeal dismissed
- Legal Topics
- Indemnity and Contribution, Guarantor's Rights, Assignment of Rights, Partnership Dissolution, Loan Agreements, Summary Judgment
Case Brief
Summary, issues, holding and outcome
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Parties
Berghoff Trading Limited
Respondent/claimant
GEA Holdings Limited
Respondent/claimant
Caspian Energy Group LP
Respondent/claimant
Swinbrook Developments Limited
Appellant/defendant
Rosserlane Consultants Limited
Appellant/defendant
Dr Zaur Leshkasheli
Appellant/defendant
Procedural Posture
Civil Appeal / Appeal From Summary Judgment (queen's Bench Division, Commercial Court)
Legal Issues
- 1 Whether Rosserlane is entitled to indemnity or contribution from Caspian after sale of partnership interests
- 2 Whether the Resolution creates a binding obligation on Caspian to repay Rosserlane
- 3 Whether any such rights survived the sale and passed to the buyers
Ratio Decidendi
The contractual structure, including joint and several obligations and the Participation Agreement, precluded any right of indemnity or contribution by Rosserlane against Caspian. Any possible right under the Resolution was either assigned to the buyers or extinguished upon sale. Rosserlane's counterclaim had no real prospect of success.
Court Disposition
Appeal dismissed
Orders
- Summary judgment against Rosserlane's counterclaim upheld
- No real prospect of success for Rosserlane at trial
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