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
Summary, issues, holding and outcome
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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
Legal Issues
- 1 Whether Grant Thornton's expert share valuation was binding or invalid due to alleged errors
- 2 Whether the expert departed from mandate or made errors within scope
- 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
Full Case Text
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