White v Parton & Ors

White v Parton & Ors

No binding contract existed as essential terms regarding use of claimant's name were not agreed; claimant's refusal to permit use of his name meant condition precedent was not satisfied, so defendants were not obliged to procure share allotment.

Parties
Claimant: Marco Pierre White; Defendant: Andrew Parton; Defendant: Peter Featherman; Defendant: Yew Tree (Highclere) Limited; Defendant: Yew Tree (Highclere) Holdings Limited (Newco)
Jurisdiction
England and Wales
Judgment Date
20 June 2013
Procedural Posture
Civil / Final Judgment
Outcome
Claim dismissed; counterclaim dismissed; costs awarded to defendants on standard basis.
Legal Topics
Shareholder Agreements, Breach of Contract, Conditions Precedent, Corporate Restructuring, Use of Name Rights

Case Brief

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Parties

Marco Pierre White

Claimant

Andrew Parton

Defendant

Peter Featherman

Defendant

Yew Tree (Highclere) Limited

Defendant

Yew Tree (Highclere) Holdings Limited (Newco)

Defendant

Procedural Posture

Civil / Final Judgment

  1. 1 Whether a binding contract existed obliging defendants to procure allotment of shares to claimant
  2. 2 Whether claimant was entitled to damages for breach of contract
  3. 3 Whether use of claimant's name was a condition precedent to share allotment

Ratio Decidendi

No binding contract existed as essential terms regarding use of claimant's name were not agreed; claimant's refusal to permit use of his name meant condition precedent was not satisfied, so defendants were not obliged to procure share allotment.

Court Disposition

Claim dismissed; counterclaim dismissed; costs awarded to defendants on standard basis.

Orders

  • Claim dismissed
  • Counterclaim dismissed