Friday 5 February 2016
Mischon defeats (Caliendo) negligence claim
On 4 February 2016 Mr Justice Arnold handed down judgment in favour of Mishcon de Reya in this long-running and bitterly fought professional negligence case about the sale of QPR football club, one of the Lawyer’s “Top 20” cases of 2015.
The claim concerned the terms of the share sale agreement by QPR’s former chairman, Antonio Caliendo, to Flavio Briatore and Bernie Ecclestone. After a trial which lasted for most of December 2015, the Judge held that Mishcons were not retained by Mr Caliendo, were not negligent and the claims also failed on causation in any event.