Sarpd Oil International Ltd v Addax Energy SA and Another

JurisdictionEngland & Wales
JudgeLord Justice Sales
Judgment Date03 March 2016
Neutral Citation[2016] EWCA Civ 120
Docket NumberCase No: A3/2015/2927
CourtCourt of Appeal (Civil Division)
Date03 March 2016
    • This document is available in original version only for vLex customers

      View this document and try vLex for 7 days
    • TRY VLEX
35 cases
  • Victor Pisante v George Logothetis
    • United Kingdom
    • Queen's Bench Division (Commercial Court)
    • 4 December 2020
    ...I do so briefly for completeness. 76 In this context, both sides relied on the Court of Appeal's decision in SARPD Oil v Addax [2016] EWCA Civ 120. The claimant in that case was a BVI company, but in applying for security the defendants relied only on condition (c) (judgment § 5). After re......
  • URE Energy Ltd v Notting Hill Genesis
    • United Kingdom
    • Queen's Bench Division (Commercial Court)
    • 8 October 2021
    ...to believe that it will be unable to pay the defendant's costs if ordered to do so”. Jurisdiction. 16 In SARPD Oil v Addax Energy [2016] EWCA Civ 120, the Court of Appeal referred to the earlier decision in Jirehouse Capital v Beller [2009] 1 WLR 751 and commented that:- “13. It follows t......
  • Endeavour Energy v Hess Ltd (Defendant/Applicant)
    • United Kingdom
    • Queen's Bench Division (Commercial Court)
    • 10 February 2017
    ...estimated costs, are therefore that part which has been agreed. 13 I have been referred to the approach in the case of Sarpd Oil International Ltd v Addax Energy SA [2016] EWCA Civ 120, in which the Court of Appeal commented on the approach which should be taken when costs budgets have been......
  • Premier Motorauctions Ltd ((in Liquidation)) and Another v Pricewaterhousecoopers LLP and Another
    • United Kingdom
    • Chancery Division
    • 24 October 2016
    ...CPR 25.13(2)(c). That observation was endorsed by Moore-Bick LJ in his short judgment in the case and was subsequently repeated in SARPD Oil v Addax Energy [2016] BLR 301, where Sales LJ commented, at paragraphs 13–14, "13. It follows that it is not sufficient for the court or the defendant......
  • Request a trial to view additional results
7 firm's commentaries
  • Costs Budgeting
    • United Kingdom
    • Mondaq UK
    • 10 April 2018
    ...and proportionality of all subsequent costs. There is a change, introduced on 6 April 2017 as a result of Sarpd Oil v Addax Energy [2016] EWCA Civ 120; [2016] BLR 301, so that at PD3E para 7.3, first sentence, we have this: "If the budgeted costs or incurred costs are agreed between all par......
  • Cryptocurrency Insufficient To Satisfy Test For Security For Costs
    • United Kingdom
    • Mondaq UK
    • 18 February 2022
    ...failed to provide any details of the assets it claimed to own. The claimant sought to distinguish its position from Sarpd Oil v Addax [2016] EWCA Civ 120 in which the court held that where a foreign company was reticent in revealing or declined to reveal its financial position it was "sound......
  • Cryptocurrency Insufficient To Satisfy Test For Security For Costs
    • United Kingdom
    • Mondaq UK
    • 18 February 2022
    ...failed to provide any details of the assets it claimed to own. The claimant sought to distinguish its position from Sarpd Oil v Addax [2016] EWCA Civ 120 in which the court held that where a foreign company was reticent in revealing or declined to reveal its financial position it was "sound......
  • Resolving UK Construction Disputes – Our Round-Up Of Practice And Procedure For In-House Lawyers
    • United Kingdom
    • Mondaq UK
    • 24 June 2016
    ...on costs budgeting came as something of a surprise to litigators. In SARPD Oil International Ltd v. Addax Energy SA and another [2016] EWCA Civ 120, the court held there was "little if any difference between the practical effect of the court's order in relation to incurred costs and its ord......
  • Request a trial to view additional results
1 books & journal articles
  • THE IDEALS IN THE PROPOSED RULES OF COURT
    • Singapore
    • Singapore Academy of Law Journal No. 2019, December 2019
    • 1 December 2019
    ...Rules 2015 (S 706/2015). 60 For an example of an English case on this issue, see SARPD Oil International Ltd v Addax Energy SA [2016] EWCA Civ 120; [2016] CP Rep 24. 61 For examples of English cases involving such an issue, see Chilton v Surrey County Council [1999] CPLR 525 and Hertsmere P......
1 provisions
  • The Civil Procedure (Amendment) Rules 2017
    • United Kingdom
    • UK Non-devolved
    • 1 January 2017
    ...as intended, in the light of the decision of the Court of Appeal inSARPD Oil International Limited v. Addax Energy SA and another [2016] EWCA Civ. 120 (rule 5(10) and amending rules 45.29B to 45.29E to make it clear that the fixed costs provided for in those rules do not apply to cases in t......

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT