Faris Al-Rawi v Sami Wadi Sidawi & Ors.
There were no binding oral profit share agreements between Faris Al-Rawi and Sami Sidawi (or the other defendants) for the Draycott, Thurloe, or Cromwell projects; any expectation of profit share was a matter of honour and not legal obligation. In the KHN project, the formal documentation provided for a 12.5% profit share for Faris, but only after deduction of 5% interest on capital, resulting in no profit due. All services provided by Faris or his companies were remunerated by fees and commissions, and no further quantum meruit claim arises. Any quantum meruit claim is in any event time-barred and not supported by mistake. Wael Hourani was a party to the KHN agreement, but this is...
- Parties
- Claimant: Faris Al-Rawi; First Defendant: Sami Wadi Sidawi; Second Defendant: Wael Hourani; Third Defendant: Amal Hourani
- Jurisdiction
- England and Wales
- Judgment Date
- 11 September 2024
- Procedural Posture
- Civil (contract/unjust Enrichment) / Judgment After Trial of Liability Issues
- Outcome
- Claim dismissed
- Legal Topics
- Oral Contracts, Profit Sharing Agreements, Quantum Meruit, Limitation of Actions, Trusts and Beneficial Ownership
Case Brief
Summary, issues, holding and outcome
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Parties
Faris Al-Rawi
Claimant
Sami Wadi Sidawi
First Defendant
Wael Hourani
Second Defendant
Amal Hourani
Third Defendant
Procedural Posture
Civil (contract/unjust Enrichment) / Judgment After Trial of Liability Issues
Legal Issues
- 1 Whether binding oral profit share agreements existed for Draycott, Thurloe, Cromwell, and KHN projects
- 2 Whether claimant entitled to quantum meruit for services provided
- 3 Whether limitation bars quantum meruit claim
Ratio Decidendi
There were no binding oral profit share agreements between Faris Al-Rawi and Sami Sidawi (or the other defendants) for the Draycott, Thurloe, or Cromwell projects; any expectation of profit share was a matter of honour and not legal obligation. In the KHN project, the formal documentation provided for a 12.5% profit share for Faris, but only after deduction of 5% interest on capital, resulting in no profit due. All services provided by Faris or his companies were remunerated by fees and commissions, and no further quantum meruit claim arises. Any quantum meruit claim is in any event time-barred and not supported by mistake. Wael Hourani was a party to the KHN agreement, but this is...
Court Disposition
Claim dismissed
Orders
- Faris Al-Rawi’s claims in relation to Draycott, Thurloe, and Cromwell are dismissed.
- No profit share is due to Faris Al-Rawi in respect of KHN.
Full Case Text
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