Premier Telecom Communications Group Ltd & Anor v Webb
Grant Thornton acted within the scope of their mandate as expert valuers; alleged errors were within the remit of expert determination and do not invalidate the valuation; summary judgment was properly granted as there was no real prospect of success for the claim.
- 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
- Civil Appeal / Appeal From Summary Judgment
- Outcome
- appeal dismissed
- Legal Topics
- Expert Determination, Share Valuation, Unfair Prejudice, Summary Judgment
Case Brief
Summary, issues, holding and outcome
More case intelligence is available
Unlock the full research layer for this judgment.
Parties
Premier Telecom Communications Group Ltd
Claimant/appellant
Darren Michael Ridge
Claimant/appellant
Darren John Webb
Defendant/respondent
Procedural Posture
Civil Appeal / Appeal From Summary Judgment
Legal Issues
- 1 Whether Grant Thornton's expert valuation was binding or invalid due to alleged errors or departure from mandate
- 2 Whether errors in valuation constituted departure from instructions or mere errors within mandate
- 3 Whether procedural requirements in the engagement letter were followed
Ratio Decidendi
Grant Thornton acted within the scope of their mandate as expert valuers; alleged errors were within the remit of expert determination and do not invalidate the valuation; summary judgment was properly granted as there was no real prospect of success for the claim.
Court Disposition
appeal dismissed
Orders
- summary judgment for respondent
- claim dismissed
Full Case Text
Judgment text and source record
Sign in to read
Sign in to read the full judgment text
Sign in to read the full judgment text. Downloads and additional research tools may depend on your plan.
Sign in to read the full judgment