WILLIAM ALLAN JONES & Anor v ANDREW MCCARTHY
Mr McCarthy breached the 2008 oral agreement by revoking the power of attorney, reinstating it in favour of Mr Proctor, and selling the villa without Mr Jones' consent. The claimants are entitled to damages for the market value of the villa at the time of sale, less an allowance for taxes and fees. The defence of illegality does not bar recovery as both parties agreed to the arrangement and Mr McCarthy would otherwise receive a windfall.
- Parties
- Claimant: William Allan Jones; Claimant: Ludlow Street Investment Corp; Defendant: Andrew McCarthy
- Jurisdiction
- England and Wales
- Judgment Date
- 17 August 2022
- Procedural Posture
- Civil / Judgment After Trial
- Outcome
- Claim for damages allowed
- Legal Topics
- Breach of Contract, Damages, Illegality (foreign Law), Equitable Remedies, Transfer of Property, Constructive Trust, Account of Profits
Case Brief
Summary, issues, holding and outcome
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Parties
William Allan Jones
Claimant
Ludlow Street Investment Corp
Claimant
Andrew McCarthy
Defendant
Procedural Posture
Civil / Judgment After Trial
Legal Issues
- 1 What were the terms of the 2008 oral agreement between Mr Jones and Mr McCarthy?
- 2 Did Mr McCarthy breach the 2008 agreement regarding the sale of the villa?
- 3 Is Mr Jones entitled to damages or equitable relief for breach of contract?
Ratio Decidendi
Mr McCarthy breached the 2008 oral agreement by revoking the power of attorney, reinstating it in favour of Mr Proctor, and selling the villa without Mr Jones' consent. The claimants are entitled to damages for the market value of the villa at the time of sale, less an allowance for taxes and fees. The defence of illegality does not bar recovery as both parties agreed to the arrangement and Mr McCarthy would otherwise receive a windfall.
Court Disposition
Claim for damages allowed
Orders
- Damages awarded to claimants in the sum of €1,025,000
- Parties to agree a draft order and file written submissions on consequential matters within 14 days
Full Case Text
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