Renpower Investments Ltd v Clark Willmott LLP & Anor
The Applicant failed to demonstrate any relevant fresh evidence that could not have been raised before the Master. The SPA did not require Ofgem to have the Company registered as owner, only that the installation be accredited. Any technical breach was waived by the Applicant proceeding with completion after knowing the facts.
- Parties
- Applicant/second Defendant: Renpower Investments Ltd; Claimant: Clark Willmott LLP; Respondent/first Defendant: Larkfleet Ltd
- Jurisdiction
- England and Wales
- Judgment Date
- 17 April 2013
- Procedural Posture
- Civil / Application for Permission to Appeal (out of Time) From Order of Master
- Outcome
- Permission to appeal refused; no extension of time granted.
- Legal Topics
- Share Purchase Agreement, Conditions Precedent, Accreditation, Fresh Evidence, Extension of Time
Case Brief
Summary, issues, holding and outcome
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Parties
Renpower Investments Ltd
Applicant/second Defendant
Clark Willmott LLP
Claimant
Larkfleet Ltd
Respondent/first Defendant
Procedural Posture
Civil / Application for Permission to Appeal (out of Time) From Order of Master
Legal Issues
- 1 Whether fresh evidence justifies permission to appeal the Master's order
- 2 Whether the condition precedent in the SPA was satisfied
- 3 Whether the Applicant waived any breach of the SPA condition
Ratio Decidendi
The Applicant failed to demonstrate any relevant fresh evidence that could not have been raised before the Master. The SPA did not require Ofgem to have the Company registered as owner, only that the installation be accredited. Any technical breach was waived by the Applicant proceeding with completion after knowing the facts.
Court Disposition
Permission to appeal refused; no extension of time granted.
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