The claimant had claimed a reward for his role in securing a very substantial business deal for the defendants. The judge had rejected claims in contract but had awarded a sum of 67m Euros on a quantum meruit basis. He appealed saying that the award had been miscalculated. The defendants appealed against the finding of liability.
Held: There had been a miscalulation. The ordinary market value of the services in fact rendered by Mr Benedetti, had been held to be 36.3m euros, and the figure of 67m euros was referable to 60 per cent of the services in respect of which Mr Benedetti was claiming a quantum meruit. He had been paid for 60% of his entitlement and te balance now due was 14m euros. The Holding company defendants were not liable.
Judges:
Arden, Rimer, Etherton LJJ
Citations:
[2010] EWCA Civ 1427
Links:
Jurisdiction:
England and Wales
Citing:
Appeal From – Benedetti and Another v Sawiris and Others ChD 15-Jun-2009
The claimant sought payment for his services to the defendants for his work in facilitating a substantial buy out of an Italian energy company.
Held: The claim succeeded on a quantum meruit basis to the extent of 75m euros but not otherwise. . .
First Instance consequentials – Benedetti and Another v Sawiris and Others ChD 21-Jul-2009
Orders consequential on the main judgement to apportion liability as between the various defendants. . .
Cited by:
Appeal from – Benedetti v Sawiris and Others SC 17-Jul-2013
The claimant appealed against reduction of the sum awarded on his claim for a quantum meruit after helping to facilitate a very substantial business deal for the defendants.
Held: The correct approach to the amount to be paid by way of a . .
Lists of cited by and citing cases may be incomplete.
Contract, Equity
Updated: 29 August 2022; Ref: scu.427207