Straw & Anor v Jennings & Ors
The claimants are entitled to payment of their share of distribution profits as calculated in the April 2005 Account, subject to adjustments for inadmissible deductions (management charges, Asian/Irish sales, capital expenditures on Redlands/Annandale, and depreciation). There is no implied term requiring sharing of losses. The claim is not time-barred except for a minor portion of the JV profit share claim. The defendants' copyright counterclaim fails except for the track notes of 'American Tune', but no account will be ordered due to de minimis value.
- Parties
- Claimant: Bill Straw; Claimant: Blix Street Records Inc.; Defendant: Graeme Martin Jennings; Defendant: Beyond The Sea Limited; Defendant: Beyond The Sea Pty Limited; Defendant: Didgeridoo Records Pty Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 01 November 2013
- Procedural Posture
- Commercial/civil Dispute / High Court Trial Judgment
- Outcome
- Claim allowed in part; counterclaim dismissed except for de minimis copyright claim; orders for payment with directions for further adjustment if necessary.
- Legal Topics
- Joint Venture Accounting, Implied Terms, Profit Sharing, Copyright Infringement, Limitation of Actions
Case Brief
Summary, issues, holding and outcome
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Parties
Bill Straw
Claimant
Blix Street Records Inc.
Claimant
Graeme Martin Jennings
Defendant
Beyond The Sea Limited
Defendant
Beyond The Sea Pty Limited
Defendant
Didgeridoo Records Pty Limited
Defendant
Procedural Posture
Commercial/civil Dispute / High Court Trial Judgment
Legal Issues
- 1 Whether the claimants are entitled to payment of a share of distribution profits under an oral joint venture/distribution agreement; whether losses are to be shared; the correct methodology for calculating distribution profit; whether the claim is time-barred; whether the defendants have copyright in certain works and are entitled to relief for alleged infringement.
Ratio Decidendi
The claimants are entitled to payment of their share of distribution profits as calculated in the April 2005 Account, subject to adjustments for inadmissible deductions (management charges, Asian/Irish sales, capital expenditures on Redlands/Annandale, and depreciation). There is no implied term requiring sharing of losses. The claim is not time-barred except for a minor portion of the JV profit share claim. The defendants' copyright counterclaim fails except for the track notes of 'American Tune', but no account will be ordered due to de minimis value.
Court Disposition
Claim allowed in part; counterclaim dismissed except for de minimis copyright claim; orders for payment with directions for further adjustment if necessary.
Orders
- Defendants to pay claimants £758,127 (subject to adjustments for inadmissible deductions and capital expenditures on Redlands/Annandale and depreciation, if any).
- Defendants to pay claimants £158,913.44 for JV profit share (balance of claim time-barred).
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