Trebor Bassett Holdings Ltd & Anor v ADT Fire and Security Plc (No 2) [2012] EWHC 3365 (TCC) (28 November 2012)
The claimants are entitled to an interim payment of £4 million, as this represents the irreducible minimum recoverable based on diminution in value and loss of profit, even after accounting for contributory negligence and unresolved title to sue issues. The court rejected the defendant's argument that title to sue had disappeared and found the diminution in value argument at least arguable, warranting an interim payment.
- Citation
- [2012] EWHC 3365 (TCC)
- Parties
- Claimant: Trebor Bassett Holdings Limited (in liquidation); Claimant: The Cadbury UK Partnership (formerly known as The Cadbury Trebor Bassett Partnership t/a Monkhill Confectionary) now dissolved; Claimant: Kraft Foods UK Confectionary Production Limited; Defendant: ADT Fire and Security PLC
- Jurisdiction
- England and Wales
- Judgment Date
- 28 November 2012
- Procedural Posture
- Interim Payment Application / Post Liability Judgment, Quantum Pending
- Outcome
- interim payment granted
- Legal Topics
- Interim Payment, Contributory Negligence, Title to Sue, Measure of Loss, Assignment of Claims
Case Brief
Summary, issues, holding and outcome
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Parties
Trebor Bassett Holdings Limited (in liquidation)
Claimant
The Cadbury UK Partnership (formerly known as The Cadbury Trebor Bassett Partnership t/a Monkhill Confectionary) now dissolved
Claimant
Kraft Foods UK Confectionary Production Limited
Claimant
ADT Fire and Security PLC
Defendant
Procedural Posture
Interim Payment Application / Post Liability Judgment, Quantum Pending
Legal Issues
- 1 Whether claimants are entitled to an interim payment under CPR Part 25.7(1)
- 2 Whether claimants retain title to sue after business asset transfers and dissolution
- 3 Proper measure of loss: cost of reinstatement vs. diminution in value
Ratio Decidendi
The claimants are entitled to an interim payment of £4 million, as this represents the irreducible minimum recoverable based on diminution in value and loss of profit, even after accounting for contributory negligence and unresolved title to sue issues. The court rejected the defendant's argument that title to sue had disappeared and found the diminution in value argument at least arguable, warranting an interim payment.
Court Disposition
interim payment granted
Orders
- Defendant to pay £4 million to Kraft Foods UK Confectionary Production Limited as interim payment.
Full Case Text
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