Le Breton v Petrpodel Resources Ltd

Le Breton v Petrpodel Resources Ltd

The bonus was declared at $200,000 by the defendant's letter of 27 June 2008, entitling the claimant to the balance after credit for advances. Resource allocation payments were only due for cargoes shipped during the scheme period or as specifically conceded. The salary increase accrued from January 2007 and was...

Source-derived case information.

Parties
Claimant: Timothy Snowdon Le Breton; Defendant: Petrodel Resources Limited
Jurisdiction
England and Wales
Judgment Date
01 April 2011
Procedural Posture
Civil / Judgment After Trial
Outcome
Judgment for the claimant
Legal Topics
Bonus Entitlement, Resource Allocation Payments, Salary Increase, Employment Contract Interpretation
Employment Law Contract Law Bonus Entitlement Resource Allocation Payments Salary Increase Employment Contract Interpretation

Source-derived case record

Summary, issues, holding and outcome

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Parties

Timothy Snowdon Le Breton

Claimant

Petrodel Resources Limited

Defendant

Procedural Posture

Civil / Judgment After Trial

Legal Issues

  1. 1 Whether the claimant is entitled to a bonus for 2006 and in what amount
  2. 2 Whether the claimant is entitled to resource allocation payments for certain cargoes
  3. 3 Whether the claimant is entitled to an increase in salary for managing the E&P business

Ratio Decidendi

The bonus was declared at $200,000 by the defendant's letter of 27 June 2008, entitling the claimant to the balance after credit for advances. Resource allocation payments were only due for cargoes shipped during the scheme period or as specifically conceded. The salary increase accrued from January 2007 and was payable by Petrodel for so long as it operated and funded the E&P business, with payment deferred but not extinguished.

Court Disposition

Judgment for the claimant

Orders

  • Defendant to pay claimant $118,115.22 for bonus claim with interest from 27 June 2008 at US Prime Rate.
  • Defendant to pay claimant $44,568.46 for resource allocation claim with interest: $25,916.67 from 27 March 2006 and $18,651.79 from 11 November 2006 at US Prime Rate.