Rust Consulting Ltd v PB Ltd (decision of Akenhead J)
Citation: EWHC 3243 (TCC); [2011] 1 All ER (Comm) 951; [2010] All ER(D) 271 (Dec); (2010) 135 Con LR 69; in the Court of Appeal, twice: [2011] EWCA Civ 899; (2010) 137 Con LR 92; [2012] 1 All ER (Comm) 455 and [2012] EWCA Civ 1070; [2012] BLR 427; (2012) 144 Con LR 63
Nature of case:
The court had to determine whether the defendant was bound by a consent judgment between the claimant and a third party, such that an indemnity in the asset purchase agreement extended to cover the consent judgement leaving the defendant liable to pay the outstanding sum.
