Arts & Antiques Ltd v Richards & Ors
All claims against Zurich and Mr Richards are struck out on grounds of issue estoppel and/or abuse of process, as the issues were fully litigated and decided in arbitration and subsequent court proceedings. All claims against Towergate are struck out except for the negligence claim based on failure to advise about CP2, which has a real prospect of success. Security for costs is appropriate in principle against A&A for any continuing proceedings against Towergate.
- Parties
- Claimant: Arts & Antiques Limited; 1st Defendant: Peter Richards; 2nd Defendant: Towergate London Market Limited; 3rd Defendant: Zurich Insurance Plc
- Jurisdiction
- England and Wales
- Judgment Date
- 05 November 2013
- Procedural Posture
- Commercial Court Claim (insurance, Professional Negligence, Misrepresentation) / Application to Strike Out And/or Summary Judgment; Application for Security for Costs
- Outcome
- Claims against Zurich and Mr Richards struck out; all claims against Towergate struck out except for negligence claim based on failure to advise about CP2; A&A to replead particulars of claim; Towergate entitled in principle to security for costs; amount of security to be determined.
- Legal Topics
- Issue Estoppel, Abuse of Process, Summary Judgment, Security for Costs, Agency, Misrepresentation, Breach of Contract
Case Brief
Summary, issues, holding and outcome
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Parties
Arts & Antiques Limited
Claimant
Peter Richards
1st Defendant
Towergate London Market Limited
2nd Defendant
Zurich Insurance Plc
3rd Defendant
Procedural Posture
Commercial Court Claim (insurance, Professional Negligence, Misrepresentation) / Application to Strike Out And/or Summary Judgment; Application for Security for Costs
Legal Issues
- 1 Whether the claims against Zurich and Mr Richards should be struck out on grounds of issue estoppel or abuse of process
- 2 Whether the claims against Towergate should be struck out or allowed to proceed
- 3 Whether A&A has a real prospect of success in its negligence claim against Towergate
Ratio Decidendi
All claims against Zurich and Mr Richards are struck out on grounds of issue estoppel and/or abuse of process, as the issues were fully litigated and decided in arbitration and subsequent court proceedings. All claims against Towergate are struck out except for the negligence claim based on failure to advise about CP2, which has a real prospect of success. Security for costs is appropriate in principle against A&A for any continuing proceedings against Towergate.
Court Disposition
Claims against Zurich and Mr Richards struck out; all claims against Towergate struck out except for negligence claim based on failure to advise about CP2; A&A to replead particulars of claim; Towergate entitled in principle to security for costs; amount of security to be determined.
Orders
- Claims against Zurich and Mr Richards struck out.
- All claims against Towergate struck out except for negligence claim based on failure to advise about CP2.
Full Case Text
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