Wood v Sureterm Direct Ltd and Another: ComC 14 Oct 2014

Construction of an indemnity provision in an agreement for the sale and purchase of the shares in the First Defendant.
Held: The Court decided a preliminary issue of the interpretation of the indemnity clause holding in effect, that it required Wood to indemnify Capita even if there had been no claim or complaint by a customer.

Judges:

Popplewell J

Citations:

[2014] EWHC 3240 (Comm)

Links:

Bailii

Jurisdiction:

England and Wales

Cited by:

Appeal fromWood v Sureterm Direct Ltd and Capita Insurance Services Ltd CA 30-Jul-2015
At issue in this appeal is the true construction of a clause in a sale and purchase agreement in respect of all the shares in a company.
Held: The appeal succeeded. The Court of Appeal declared that Mr Wood’s liability under the indemnity in . .
At First InstanceWood v Capita Insurance Services Ltd SC 29-Mar-2017
Construction of term of contract for the sale and purchase of the entire issued share capital of a company.
Held: The appeal was dismissed: ‘the SPA may have become a poor bargain, as it appears that it did not notify the sellers of a warranty . .
Lists of cited by and citing cases may be incomplete.

Contract

Updated: 25 July 2022; Ref: scu.537546