John O'Driscoll v Vincent Raymond Clayton (Junior)
The court found that an oral contract for the sale of the entire share capital of Caddicks Ltd in exchange for a Ford Ranger and caravan was made and sufficiently certain. The claimant performed his side of the bargain. The defendant failed to transfer the shares and remains in breach. Damages are inadequate; specific performance is ordered.
- Parties
- Claimant: John O'Driscoll; Defendant: Vincent Raymond Clayton (Junior)
- Jurisdiction
- England and Wales
- Judgment Date
- 20 October 2025
- Procedural Posture
- Civil / Judgment After Trial
- Outcome
- Claim allowed
- Legal Topics
- Specific Performance, Oral Agreements, Sale of Shares, Constructive Trust, Remedies
Case Brief
Summary, issues, holding and outcome
More case intelligence is available
Unlock the full research layer for this judgment.
Parties
John O'Driscoll
Claimant
Vincent Raymond Clayton (Junior)
Defendant
Procedural Posture
Civil / Judgment After Trial
Legal Issues
- 1 Whether an enforceable oral contract existed for the sale of shares in Caddicks Ltd
- 2 Whether specific performance is an appropriate remedy
- 3 Whether the defendant breached the contract by failing to transfer shares
Ratio Decidendi
The court found that an oral contract for the sale of the entire share capital of Caddicks Ltd in exchange for a Ford Ranger and caravan was made and sufficiently certain. The claimant performed his side of the bargain. The defendant failed to transfer the shares and remains in breach. Damages are inadequate; specific performance is ordered.
Court Disposition
Claim allowed
Orders
- Specific performance: Defendant to transfer the entire share capital of Caddicks Ltd to the claimant.
- Parties to agree and lodge a minute of order giving effect to the judgment.
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