Glossop Cartons And Print Ltd & Ors v Contact (Print & Packaging) Ltd & Ors
A claimant in fraudulent misrepresentation is not entitled to recover losses resulting from its own commercial misjudgement or over-optimism unrelated to the fraud; only losses directly flowing from the transaction induced by the fraud are recoverable, subject to mitigation and excluding losses factored into the...
Source-derived case information.
- Parties
- Claimant: Glossop Cartons and Print Limited; Claimant: Brian Sidebottom; Claimant: Jacqueline Cameron Sidebottom-Every; Claimant: Jillian Cameron Woodacre; Claimant: Raymond Joseph Partnership; Defendant: Contact (Print & Packaging) Limited; Defendant: Philip Smith; Defendant: Embark Pensions Trustees Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 09 March 2020
- Procedural Posture
- Civil / Damages Quantification After Liability Judgment
- Outcome
- Judgment for claimants in part; damages awarded for certain heads of loss, others disallowed.
- Legal Topics
- Fraudulent Misrepresentation, Damages, Breach of Warranty, Mitigation of Loss
Source-derived case record
Summary, issues, holding and outcome
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Parties
Glossop Cartons and Print Limited
Claimant
Brian Sidebottom
Claimant
Jacqueline Cameron Sidebottom-Every
Claimant
Jillian Cameron Woodacre
Claimant
Raymond Joseph Partnership
Claimant
Contact (Print & Packaging) Limited
Defendant
Philip Smith
Defendant
Embark Pensions Trustees Limited
Defendant
Procedural Posture
Civil / Damages Quantification After Liability Judgment
Legal Issues
- 1 Measure and quantification of damages for fraudulent misrepresentation
- 2 Recoverability of losses from commercial misjudgement unrelated to fraud
- 3 Assessment of damages for breach of warranty
Ratio Decidendi
A claimant in fraudulent misrepresentation is not entitled to recover losses resulting from its own commercial misjudgement or over-optimism unrelated to the fraud; only losses directly flowing from the transaction induced by the fraud are recoverable, subject to mitigation and excluding losses factored into the purchase price.
Court Disposition
Judgment for claimants in part; damages awarded for certain heads of loss, others disallowed.
Orders
- Glossop awarded £21,277 for Bramhall warranty claim against Contact.
- Raymond Joseph Partnership awarded £32,700 for breach of warranty/representation in Lease Sale Agreement for Unit 3 against second and third defendants.
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