Premier Telecom Communications Group Ltd & Anor v Webb [2014] EWCA Civ 994 (16 July 2014)

Premier Telecom Communications Group Ltd & Anor v Webb [2014] EWCA Civ 994 (16 July 2014)

Grant Thornton's valuation was within the scope of their mandate, applied instructions correctly, and any alleged errors were matters of expert judgment. The expert determination is binding and the claim has no real prospect of success.

Citation
[2014] EWCA Civ 994
Parties
Claimant/appellant: Premier Telecom Communications Group Ltd; Claimant/appellant: Darren Michael Ridge; Defendant/respondent: Darren John Webb
Jurisdiction
England and Wales
Judgment Date
16 July 2014
Procedural Posture
Appeal / Judgment on Appeal Against Summary Judgment
Outcome
appeal dismissed
Legal Topics
Expert Determination, Share Valuation, Unfair Prejudice, Summary Judgment

Case Brief

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Parties

Premier Telecom Communications Group Ltd

Claimant/appellant

Darren Michael Ridge

Claimant/appellant

Darren John Webb

Defendant/respondent

Procedural Posture

Appeal / Judgment on Appeal Against Summary Judgment

  1. 1 Whether Grant Thornton's expert share valuation was binding or invalid due to alleged errors
  2. 2 Whether the expert departed from mandate or made errors within scope
  3. 3 Interpretation of instructions to expert valuer

Ratio Decidendi

Grant Thornton's valuation was within the scope of their mandate, applied instructions correctly, and any alleged errors were matters of expert judgment. The expert determination is binding and the claim has no real prospect of success.

Court Disposition

appeal dismissed

Orders

  • Summary judgment for Mr. Webb
  • Claim by PTCG and Mr. Ridge dismissed