London & Continental Stations & Property Ltd, R (on the application of) v Rail Regulator & Anor

London & Continental Stations & Property Ltd, R (on the application of) v Rail Regulator & Anor

The Regulator's compensation regime, including re-basing on 2003 revenue figures and revised methodology for walking time, was rational, within statutory discretion, and did not impose an excessive or unjustifiable burden on LCSP. The regime struck a fair balance between public interest and property rights, did not infringe Article 1 Protocol 1 ECHR, and was based on expert advice. The Regulator was entitled to adopt a new approach independent of the parties' interpretation of the 1996 agreement.

Parties
Claimant: London and Continental Stations and Property Limited; Defendant: The Rail Regulator; Interested Party: Midland Main Line Limited
Jurisdiction
England and Wales
Judgment Date
07 November 2003
Procedural Posture
Judicial Review / Final Judgment
Outcome
Application dismissed
Legal Topics
Compensation Calculation, Station Access Agreements, Regulator's Discretion, Article 1 Protocol 1 ECHR, Economic Policy in Regulation

Case Brief

Summary, issues, holding and outcome

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Parties

London and Continental Stations and Property Limited

Claimant

The Rail Regulator

Defendant

Midland Main Line Limited

Interested Party

Procedural Posture

Judicial Review / Final Judgment

  1. 1 Whether the Rail Regulator's compensation regime imposed an excessive and unjustifiable burden on LCSP
  2. 2 Whether the Regulator failed to strike a fair balance between public interest and property rights under Article 1 Protocol 1 ECHR
  3. 3 Whether the Regulator erred in re-basing compensation on 2003 revenue figures

Ratio Decidendi

The Regulator's compensation regime, including re-basing on 2003 revenue figures and revised methodology for walking time, was rational, within statutory discretion, and did not impose an excessive or unjustifiable burden on LCSP. The regime struck a fair balance between public interest and property rights, did not infringe Article 1 Protocol 1 ECHR, and was based on expert advice. The Regulator was entitled to adopt a new approach independent of the parties' interpretation of the 1996 agreement.

Court Disposition

Application dismissed

Orders

  • Order made by Ouseley J to continue until hearing of consequential matters
  • Liberty to apply