Mabanga v Ophir Energy Plc & Anor
The statement of consideration in the 12 March 2010 letter was true and accurately summarised the terms of the farmout transaction; no actionable misrepresentation was made. The claim has no real prospect of success and must be summarily dismissed.
- Parties
- Claimant: Moto Mabanga; Defendant: Ophir Energy PLC; Defendant: Ophir Services Pty Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 15 June 2012
- Procedural Posture
- Commercial Court Application / Summary Judgment/strike Out Application
- Outcome
- Summary judgment for the Defendants; claim dismissed.
- Legal Topics
- Misrepresentation, Deceit, Summary Judgment, Valuation of Interests, Consultancy Agreements
Case Brief
Summary, issues, holding and outcome
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Parties
Moto Mabanga
Claimant
Ophir Energy PLC
Defendant
Ophir Services Pty Limited
Defendant
Procedural Posture
Commercial Court Application / Summary Judgment/strike Out Application
Legal Issues
- 1 Whether the Defendants made actionable misrepresentations in the 12 March 2010 letter regarding the valuation of the Claimant's net profit interest
- 2 Whether the Claimant has a real prospect of success in claims for deceit and under Section 2(1) of the Misrepresentation Act 1967
Ratio Decidendi
The statement of consideration in the 12 March 2010 letter was true and accurately summarised the terms of the farmout transaction; no actionable misrepresentation was made. The claim has no real prospect of success and must be summarily dismissed.
Court Disposition
Summary judgment for the Defendants; claim dismissed.
Orders
- Summary judgment granted for Defendants
- Claim dismissed
Full Case Text
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