HT-2023-000321 - [2025] EWHC 2496 (TCC)

Introduction

This judgment deals with consequential matters which the parties have been unable to agree following hand down of the main judgment following trial (see [2025] EWHC 1764 (TCC)) (‘the Judgment’). The Court determined that the amount owed to Pharos Offshore Group Limited (‘Pharos’) is £608,883.31 inclusive of VAT, subject to Keynvor Morlift Limited’s (‘KML’) counterclaim for damages in the sum of £113,214.63. The balance owed to Pharos after setting off the counterclaim, net of interest, was therefore stated to be £495,668.68 inclusive of VAT. Pursuant to the Court’s directions, the parties submitted written submissions as to consequential matters, with both sides agreeing that the remaining disputes could be determined on the papers. Following the provision of determinations of principle, the parties liaised to agree the appropriate calculations. The Court is grateful to the parties for their assistance to this end.

The matters of principle to be determined are: