price reduction request letter

1152 results for price reduction request letter

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  • Palmer & Harvey McLane Ltd v Garrad & Anor, Court of Appeal - Chancery Division, December 04, 2013, [2013] EWHC 3810 (Ch)

    1. The claimant, Palmer & Harvey McLane Limited (``P&H''), supplies confectionery to retailers. It claims to be the UK's leading delivered wholesaler of tobacco, confectionery, soft drinks, crisps and snacks, chilled and frozen foods and convenience products. It distributes these products both to smaller independent retailers (i.e. independently-

    ... management buy-out in 2002.) An engagement letter for the work was issued in December 2006. It ... within the United Kingdom pending a request made by [P&H] for the call off of items. 9.3 ... invoice Maritime for that stock at the same price as Maritime had paid for it and, importantly, (5) ...At most it would have caused a small reduction in the equity value of the company. That being ...

  • Autocal Holdings Ltd v Jeffery, Court of Appeal - Chancery Division, April 25, 2017, [2017] EWHC 907 (Ch)

    i) Repayment of a loan of £131,000 made by it to the defendant Mr Jeffery in 2009 to fund the purchase of shares in itself. The claimant's case is that the loan is repayable on demand, which has been made and not complied with. Mr Jeffery's position is that the loan was only repayable on the occurrence of a "trigger event" which has not occurred. i...

    ... Management Ltd ("Management") at a stated price of £1. . 3. Mr Jeffery says that the true value ...''. This letter was not sent to or seen by Mr Bird or his ... the transaction if one of the clearance request letters referred to was dated after the date of ... for its own contribution by way of cost reduction for the essential manufacturing. v) If Autocal ...

  • Adams & Ors v Atlas International Property Services Ltd & Ors, Court of Appeal - Queen's Bench Division, December 05, 2016, [2016] EWHC 3120 (QB)

    1. The Claimants were purchasers of properties in Spain who paid the purchase price, but did not acquire title to their properties. They now sue the English agents and the Spanish lawyers who were involved in the purchases, alleging negligence, breach of fiduciary duty and unlawful means conspiracy. 2. These two actions concern 10 apartments or c...

    ... properties in Spain who paid the purchase price, but did not acquire title to their properties. ...(11) At the parties' request, the notary will advise the Land Registry of the ... date of the Purchase Contract, or which letter had been signed by Sr. Aroca) and that his ... and so I find that there should be no reduction in the sums recovered by the Claimants on account ...

  • Hague Plant Ltd v Hague & Ors, Court of Appeal - Chancery Division, October 26, 2016, [2016] EWHC 2663 (Ch)

    1. Douglas Hague (``Mr Hague'') and his wife Jean (``Mrs Hague'') were farmers. Since 1957 they had run a farming business at Prospect Farm, Bradfield, Sheffield. They supplemented their farming income by running side line businesses. Mr Hague ran a plant hire and small contracting business under the trading name ``D Hague Contractor''. Mrs Hague w...

    ... by Martin valuing work done and ascribing a price to it which would then be used by Jean Angela as ... 7 December 2012 to [Plant's] Part 18 Request) did [Plant] know that it could not rely upon the ... the five instances of tipping invoice reduction there was one that was a bit obvious is not to my ..., Martin's solicitors had (in a letter dated the 29 June 2007) said that Plant was paid ...

  • Littlewoods Retail Ltd & Ors v HM Revenue & Customs, Court of Appeal - Chancery Division, March 28, 2014, [2014] EWHC 868 (Ch)

    1. Over 13 days between 28 October and 13 November 2013 I heard the resumed trial of these two actions, in which the claimants (to which I will often refer collectively as ``Littlewoods'') seek to recover from the Commissioners for Her Majesty's Revenue and Customs (``HMRC'' or ``the Revenue'') the compounded use value of sums of money which they p...

    ...In either case the catalogue price of goods is debited to the agent's account and ... regard the 2.5% as a discount from, or reduction in, the catalogue purchase price of the secondary ...without a 2.5% discount. In a similar letter to GUS Home Shopping Ltd dated 13 May 1997, HMRC ... On a ``Commission in Cash 10%'' form she requests that £10 be applied towards the discharge of the ...

  • Bhullar v Bhullar & Ors, Court of Appeal - Chancery Division, March 02, 2017, [2017] EWHC 407 (Ch)

    1. This is a derivative claim brought by the claimant Inderjit Singh Bhullar, referred to as ``Inder'', on behalf of two limited companies, the second defendant (``BDL'') and the third defendant (``BBL'') against his brother the first defendant Jatinder Singh Bhullar, referred to as ``Jat''. Inder sought permission to make two derivative claims bu...

    ... that Inder refused to follow his father's request that he apologise to Jat for the pushing ... consistent with the meeting with and the letter subsequently written by Simpson Wood in November ... As explained above, the purchase price was initially taken from Silvercrest's bank ... to Inder in an attempt to force a reduction in Silvercrest's overdraft facility. . 51. It ...

  • Ball (PV Solar Solutions Ltd) v Hughes & Anor, Court of Appeal - Chancery Division, December 13, 2017, [2017] EWHC 3228 (Ch)

    2. The application is principally brought under Section 212 of the Insolvency Act 1986. It is alleged that, in causing the Company to enter into arrangements purporting to be a tax avoidance scheme in March 2012 and thereafter applying three unjustifiable credit entries against their directors' loan accounts with the Company in March, June and Dec...

    ... Further reductions, to cool the market, were to follow. 10. It would ... OneE gave express warnings in their letter of engagement that they were not giving any ... only in March 2013 that the Respondents requested a meeting with him and then `explained the ... such consignment, supplied by Risen at a price to the Company of £90,000 odd, he could realise ...

  • Cobden Investments Ltd. v RWM Langport Ltd & Ors, Court of Appeal - Chancery Division, November 20, 2008, [2008] EWHC 2810 (Ch)

    Hearing dates: 27th,28th,29th February 2008, 3rd,4th,5th,6th,7th,10th,11th,12th,13th,18th,19th, March 2008, 8th,9th,10th,11th,14th,15th,16th,17th,18th,21st,22nd,23rd,24th, April 2008 and 7th,8th, 9th May 2008 - - - - - - - - - - - - - - - - - - - - - Judgment Mr Justice Warren : Introduction 1. This is a petition under section 994 Companies Act ...

    ... aspect of his evidence, relating to the reduction of the kill fees for lambs in June 2001 and where ... directly or indirectly, by direction, request, assent or waiver, of all those to whom the ... . h. The initial slaughter price being fixed on an arm's length basis to enable ...- who had taken over from Mr George) sent a letter to Mr Michau by fax setting out the response of ...

  • Balk v Otkritie International Investment Management Ltd & Ors, Court of Appeal - Civil Division, March 10, 2017, [2017] EWCA Civ 134

    1. On 13 December 2016 we heard an appeal by the fourth defendant, Yulia Balk (``Ms Balk''), challenging one aspect of a judgment on consequential matters given by the trial judge, Eder J, on 14 March 2014 (``the March Judgment''), following the comprehensive main judgment which he had handed down on 10 February 2014 (``the Main Judgment'') in majo...

    ... GDP peso (ARS) denominated warrants at a price grossly in excess of their true value, involving ... applying this methodology was that no reduction was made in the sums for which judgment was ... certain other recoveries as set out in the letter. No substantive response to the offer had been ... jointly to the Court of Appeal with a request that your appeal be disposed of by consent. If ...

  • Teekay Tankers Ltd v STX Offshore & Shipbuilding Co Ltd, Court of Appeal - Commercial Court, February 15, 2017, [2017] EWHC 253 (Comm)

    2. The claimant, Teekay Tankers Ltd, is a company incorporated in the Marshall Islands. I shall refer to it as ``TT''. TT is publicly listed on the New York Stock Exchange. Roughly a quarter of its shares are indirectly held by Teekay Corporation (``Teekay Corp''). Teekay Corp is also a Marshall Islands company publicly listed on the New York Stock...

    ...B6.3 CDG's December letter to STX 33. B7. Events in 2014 35. B7.1 MFB's ... to pay instalments of the contract price was conditional upon STX furnishing the buyer ... arose as to whether I should, at STX's request, debar TT from relying upon a short passage in ... to be calculated in the same way as the reduction provided in the preceding sentence [which in turn ...

  • Faieta v ICAP Management Services Ltd, Court of Appeal - Queen's Bench Division, December 06, 2017, [2017] EWHC 2995 (QB)

    1. This is a claim that arises out of the employment contract that the claimant had with the defendant, an inter-dealer broker. The claimant seeks damages for the alleged breach of contract in placing the claimant on garden leave and for wrongful dismissal. Background 2. The claimant was employed by the defendant from 1 February 1999 on the Europe...

    ... 2012 and the service agreement amended by letter dated 22 October 2012 (the ``Service ... himself available for work having been requested by the Company to attend, he shall, ... other employees who were asked to take reductions in pay and/or bonuses. I accept that Mr Vogels ... reasonable--for example, a reasonable price or a reasonable term--the court will only imply a ...

  • Peterborough City Council v Enterprise Managed Services Ltd, Court of Appeal - Technology and Construction Court, October 10, 2014, [2014] EWHC 3193 (TCC)

    1. This is an application by the Defendant (``EMS'') for an order to stay the action brought in this court by the Claimant (``the Council'') in respect of a dispute arising out of the contract dated 7 July 2011 made between the Council and EMS by which EMS agreed to design, supply, install, test and commission a 1.5 MW solar energy plant on the roo...

    ... of just over £1.3 million (known as the ``Price Reduction'') to the Council. 3. The application ... the Council sent EMS a pre-action protocol letter of claim, to which EMS responded by a letter ... the Particular Conditions shall, upon the request of either or both of the Parties and after due ...

  • Albion Water Ltd v Water Services Regulation Authority, Court of Appeal - United Kingdom Competition Appeals Tribunal, December 18, 2006, [2006] CAT 36

    1. Following an interim judgment on 22 December 2005 [2005] CAT 40 (``the interim judgment''), the Tribunal gave its main judgment in these proceedings on 6 October 2006 [2006] CAT 23 (``the main judgment''). The present judgment deals with the issues of substance and relief that now remain to be decided, following further submissions of the parti...

    ... strongly suggests that the First Access Price was excessive in relation to the economic value ... By letter of 17 November 2006 the Tribunal proposed to the ...It is implicit in that request, repeated in paragraph 13 of the reply, that ... This would represent a reduction in the standalone price of around 9p/m³ (again ...

  • ORB a.r.l. & Ors v Ruhan & Ors, Court of Appeal - Commercial Court, April 15, 2016, [2016] EWHC 850 (Comm)

    (1) a worldwide freezing order over the assets of the Claimants, the Fifth Party (Dr Cochrane) and the Seventh Party (``SMA'') (collectively ``the Orb Parties'') up to a value of £67,323,000 (``the March Freezing Order''); and (2) an order that the Orb Parties provide disclosure in relation to certain assets and transactions, verified on affidavit ...

    ... By letter dated 19 September 2014, Mr Ruhan's solicitors, ... of the hearing pursuant to the Court's request. At paragraph 52 he described the terms of the ... to sell the debt to SMA for a discounted price of €5.5 million. The vehicle which SMA used to ... would have to be counterbalanced by a reduction to reflect the value of the Pledge Assets added ...

  • Breese (Liquidator of Flexi Containers Ltd) v Hiley & Ors, Court of Appeal - Chancery Division, January 09, 2018, [2018] EWHC 12 (Ch)

    Introduction1. I have before me an application issued on 11 April 2016 by the Applicant, Ms Breese (the ``Liquidator''), the liquidator of Flexi Containers Limited (the ``Company''). The main issues before me are whether a transaction amounted to a preference and/or a transaction at an undervalue such that relief ought to be granted under ss238, 2...

    ... Hiley (``Mrs Hiley''), with the purchase price, of just over £620,000, ostensibly being ... as consists of the discharge or reduction, at the same time as, or after, the creation of ... (In an early letter to the Liquidator the assertion was that she ... after her resignation was made at the request of Mr Mintz and Mr Bailey to help them put in ...

  • Patel v Freddy's Ltd & Ors, Court of Appeal - Chancery Division, January 24, 2017, [2017] EWHC 73 (Ch)

    1. In 1996 the Claimant, Mr Ashokkumar Somabhai Patel, bought Sai Villa, a five-bedroomed house in Pinner. In September 2014 he discovered that he was no longer the registered proprietor. Sai Villa had been transferred, on 19 June 2014, first to Mr Simon Finegold, the Third Party, and then on the same date to Freddy's Ltd, the First Defendant. 2. T...

    ... that advice as a lever to negotiate a lower price. Contracts were exchanged simultaneously on 13 ... ask is evident from the way in which the letter is phrased. Mr Cuthbert's response was frosty. In .... Did those italicised words amount to a request, or were they a reason, for Mr Martin to depart ... rather than just getting a price reduction? Should he not have asked for more details about ...

  • Credit Suisse International v Stichting Vestia Groep, Court of Appeal - Commercial Court, October 03, 2014, [2014] EWHC 3103 (Comm)

    1. In these proceedings Credit Suisse International (``Credit Suisse'') claim €83,196,829 from Stichting Vestia Groep (``Vestia''), a Dutch social housing association (``SHA''), as money due under an International Swaps and Derivatives Association (``ISDA'') 2002 Agreement (the ``Master Agreement''), including a Credit Support Annex (``CSA'').

    ... in the markets when the organisation requested it, an increasing number of treasurers is now ... The advice, which was given in a letter dated 14 March 2007, was not specifically about ... later asked that the terms about the strike price of the proposed swaption (transaction 2) be ... When it was re-structured, the reduction in the fixed rate of interest that Vestia were to ...

  • Thames Valley Housing Association Ltd & Anor v Elegant (Guernsey) Ltd & Ors, Court of Appeal - Chancery Division, May 24, 2011, [2011] EWHC 1288 (Ch)

    Introduction1. In 2007 Elegant Homes (Guernsey) Ltd (``Elegant'') acquired a site at 264-270 Windsor Road, Bray, Maidenhead, Berkshire. It was a development site with planning permission for 30 dwellings, including 9 affordable dwellings. On 1 June 2007 Elegant granted a charge (``the Charge'') over the whole site to Bank of Scotland (``BOS'') to

    ... case papers that Mr Macpherson received letters and e-mails. There is equally clear evidence that ... was provided in response to a specific request). . 22. CPR 31.2 says that a party discloses a ... in the Heads of Terms was that the purchase price would be left outstanding on loan until 31 May ... to sign a revised guarantee following a reduction in the sale price. The fact that Mr Macpherson ...

  • Virulite LLC v Virulite Distribution Ltd & Anor, Court of Appeal - Queen's Bench Division, February 26, 2014, [2014] EWHC 366 (QB)

    1. For a number of years the main treatment for cold sores in the United Kingdom, the United States and elsewhere has been by the topical application of creams. Some are available over the counter [``OTC''] while others are available only on prescription [``POM'']. In the United States the dominant market leader is Abreva, which is available OTC.

    ... selling of the Device at a retail price of $79.99 and achieving the sales targets set out ... LLC wrote what became known as the Whitman letter to Dr Dougal under the heading ``Anticipated New ... emailed Dr Dougal on 27 March 2007 requesting his technical support in order to rebut Tyrell's ... to above and/or what percentage reduction should be applied to reflect the lack of ...

  • Jackson v Thompsons Solicitors (A Firm) & Ors, Court of Appeal - Queen's Bench Division, February 06, 2015, [2015] EWHC 218 (QB)

    1. The Claimant is the assignee of claims from the liquidator of a firm of solicitors, Greene Wood and McLean LLP (`GWM'). The claims concern the failure of an application for a Group Litigation Order (`the GLO') brought on behalf of a group of coal miners. The object of the GLO was the recovery of sums which had been deducted from compensation awa...

    ..., not coincidentally that Templeton (in a letter dated 15 November 2005) withdrew its agreement to ... 16 January 2005 and Sir Michael Turner's request for information. 82. On 16 January 2005 The ... November 2005 that there would be a 40% reduction in this business, the business relationship ... to ease the cash flow of the firm, but the price paid was far too high for the value of what was ...

  • Western Trading Ltd v Great Lakes Reinsurance (UK) Plc, Court of Appeal - Queen's Bench Division, January 26, 2015, [2015] EWHC 103 (QB)

    1. This fire insurance claim by the Claimant is resisted by the Defendant on the grounds that the assured had no insurable interest and that there was misrepresentation and non disclosure. The Defendant also claims that if the Claimant does have a valid claim it should not have a Declaration that it is entitled to be indemnified for the cost of rei...

    ... or accuracy of what they write in their letter about the conventional way in which businesses ... no formal challenge to the accounts or request for expert evidence on this topic. Occupation of ... to Property Link's share of the purchase price. It was a sum for unpaid rent which the Claimant ... Mr Lye) indicated initially that such a reduction would be material as this would mean that the ...

  • Solicitors Regulation Authority v James, Court of Appeal - Administrative Court, November 13, 2018, [2018] EWHC 3058 (Admin)

    1. These three appeals under section 49 of the Solicitors Act 1974 by the Solicitors Regulation Authority (``SRA'') against decisions of the Solicitors Disciplinary Tribunal (``SDT'') have been ordered to be heard together by Supperstone J. In each case, the SDT made findings of dishonesty against the solicitor in question, but went on to find that...

    ... her resignation, Ms James created four letters in Word format (one to the Trust, one to the .... 19. The LAA had made a request in June 2014 for 150 immigration files to be ... many benefits, but that is a part of the price.''. 53. Turning to the approach to be adopted by ... an unforgiving one, where there was a reduction in support and the enormous and pressurised ...

  • Lupofresh Ltd v Sapporo Breweries Ltd, Court of Appeal - Civil Division, July 25, 2013, [2013] EWCA Civ 948

    1. This case, surprisingly as some may think, is about the sale by a Japanese brewer of hops grown in China to a company based in Kent. The Appellant (``Lupofresh''), Defendant at trial, is an English company which trades in hops for use in the production of beer. The Respondent (``Sapporo''), Claimant at trial, is a Japanese company whose primar...

    ... The contractual price, €1,016,248.20, fell due sixty days after ... of a Purchase Order on Lupofresh headed letter paper, with its address in Kent, addressed in ... After delivery of the goods Lupofresh requested a variation to the payment terms because of ... and again represented that this was the reduction which Sapporo and XS would ask all their buyers ...

  • Rivertrade Ltd v EMG Finance Ltd & Ors, Court of Appeal - Chancery Division, November 28, 2013, [2013] EWHC 3745 (Ch)

    1. This is an action which had two principal elements. The first is the recovery of a loan made by the claimant (``Rivertrade'') to EMG Holdings Limited (``Holdings''), and the second is the enforcement of security said to have been given for that loan. Summary judgment on the loan itself has been obtained against Holdings and that element theref...

    ... A letter of 7th July 2006 from Ernst & Young to Mr Hofer ... that version was modified as a result of requests made by Mr Kinder in an email dated 22nd May. It ... to put all our remaining shares at same price. If you don't call the shares we also have a put .... Mr Govindia also suggested that the reduction of the debt might well be associated with the ...

  • OMV Petrom SA v Glencore International AG, Court of Appeal - Commercial Court, March 13, 2015, [2015] EWHC 666 (Comm)

    1. This case concerns a fraud committed many years ago by the defendant, formerly known as Marc Rich & Co AG (which became Glencore International AG in 1994 and to which I will refer as ``Glencore'' save where the context requires otherwise) upon the claimant (to which I will refer as ``Petrom''). Petrom is a Romanian oil company which, following c...

    ... was made by Rafirom/CRP pursuant to letters of credit opened with Banco Romana de Comert ... to the extent that Petrom relies upon the price paid as demonstrating a discount payable for new ... on the basis that there should be a reduction in the price to reflect the lower value of the ... out such distillation analyses at the request of Petex in order to assist Rafirom when dealing ...