KB-2025-001160 - [2025] EWHC 2369 (KB)
Fecha: 22-Sep-2025
Ground 3: BISL did not incur the loss in any event
Ground 3: BISL did not incur the loss in any event
Mr Wheeler’s case
Mr Oudkerk’s contention under this heading was that BISL did not pay the salary and bonuses which are the subject of the Claim or, if it did, it recharged these costs given that it is a service company. It therefore did not suffer any loss.
Given that this was effectively an argument that the claim for damages/equitable compensation was bound to fail, and given that the point turns on evidence, it seems to me that this was effectively a “no real prospect of success” argument under Part 24. But I considered the point under the abuse of process limb of Rule 3.4(2) as well on the basis that Mr Oudkerk was contending that the fact that BISL did not suffer any loss is further evidence of the abusive nature of the Claim.
- Heading
- Introduction
- The pleaded claim
- BISL’s reaction to the resignations of Mr Wheeler and the EMEA GPF employees
- The US proceedings
- The legal framework
- The “no reasonable grounds” basis for striking out
- The need for a proportionate approach
- The abuse of process ground for striking out
- Waiver by election
- Part 24
- The grounds on which Mr Wheeler seeks summary disposal
- Ground 1: internal inconsistency in the context of the BISL claim
- Discussion
- Ground 2: inconsistency between the US Proceedings and the Claim
- Discussion
- Ground 3: BISL did not incur the loss in any event
- Discussion
- Ground 4 – quantum claim misconceived?
- Discussion
- Ground 5: equitable claims
- Equitable compensation relief
- The claim for an account of profits
- No constructive trust
- No forfeiture of bonuses
- Ground 6: “inchoate ‘claw back’ claim”
- In any event…
- Conclusions