Care Tree Invest 2 Ltd v Alexander Edward Alan Bell
Non-disclosure of CQC enforcement and downgrade constituted fraudulent misrepresentation and breach of warranty; damages assessed as difference between price paid for Elmwood House (£9,518,089) and its bricks and mortar value (£1,665,666), plus £750,000 for risk to other homes, totalling £8,602,423.
- Parties
- Claimant: Care Tree Invest 2 Ltd; Defendant: Alexander Edward Alan Bell
- Jurisdiction
- England and Wales
- Judgment Date
- 11 September 2024
- Procedural Posture
- Commercial / Trial on Quantum
- Outcome
- Judgment for Claimant
- Legal Topics
- Misrepresentation, Breach of Warranty, Fraudulent Non Disclosure, Damages Assessment
Case Brief
Summary, issues, holding and outcome
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Parties
Care Tree Invest 2 Ltd
Claimant
Alexander Edward Alan Bell
Defendant
Procedural Posture
Commercial / Trial on Quantum
Legal Issues
- 1 Whether non-disclosure of CQC enforcement and rating constituted breach of warranty and misrepresentation
- 2 Appropriate measure of damages for fraudulent misrepresentation and breach of warranty
- 3 Valuation of shares and assets affected by regulatory action
Ratio Decidendi
Non-disclosure of CQC enforcement and downgrade constituted fraudulent misrepresentation and breach of warranty; damages assessed as difference between price paid for Elmwood House (£9,518,089) and its bricks and mortar value (£1,665,666), plus £750,000 for risk to other homes, totalling £8,602,423.
Court Disposition
Judgment for Claimant
Orders
- Damages awarded to Care Tree Invest 2 Ltd in the sum of £8,602,423
Full Case Text
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