Docklock Ltd v C Christo & Co Ltd [2021] EWHC 1424 (Ch) (26 May 2021)
The agreement for payment of management fees terminated on 9 February 2015; management fee should be calculated based on combined salaries and benefits of Nicholas and Mr Forrester; Docklock entitled to set off occupation charge for the entire period; correction of service charge figures is permitted before final order.
- Citation
- [2021] EWHC 1424 (Ch)
- Parties
- Claimant: Docklock Limited; Defendant: C Christo & Co Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 26 May 2021
- Procedural Posture
- Civil / Post Trial Determination of Quantum and Adjustment of Figures
- Outcome
- Adjustment of management fee, occupation charge, and service charge figures; net figure substituted; parties to agree final total.
- Legal Topics
- Management Fees, Occupation Charges, Set Off, Service Charges, Termination of Contract
Case Brief
Summary, issues, holding and outcome
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Parties
Docklock Limited
Claimant
C Christo & Co Limited
Defendant
Procedural Posture
Civil / Post Trial Determination of Quantum and Adjustment of Figures
Legal Issues
- 1 Date of termination of management fee agreement
- 2 Correct rate for management fee
- 3 Period for set-off of occupation charge against management fee
Ratio Decidendi
The agreement for payment of management fees terminated on 9 February 2015; management fee should be calculated based on combined salaries and benefits of Nicholas and Mr Forrester; Docklock entitled to set off occupation charge for the entire period; correction of service charge figures is permitted before final order.
Court Disposition
Adjustment of management fee, occupation charge, and service charge figures; net figure substituted; parties to agree final total.
Orders
- Management fee increased by £28,617.34 to £253,110.54
- Occupation charge increased by £28,570.08 to £151,508.00
Full Case Text
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