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England and Wales Court of Appeal (Civil Division) Decisions |
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You are here: BAILII >> Databases >> England and Wales Court of Appeal (Civil Division) Decisions >> Zazulak v (t/a Stedco Precision & General Engineers) v Dickenson & Anor (t/a Asset & Finance Leasing) & Anor [2001] EWCA Civ 1786 (19 November, 2001) URL: http://www.bailii.org/ew/cases/EWCA/Civ/2001/1786.html Cite as: [2001] EWCA Civ 1786 |
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IN THE COURT OF APPEAL (CIVIL DIVISION)
ON APPEAL FROM HALIFAX COUNTY COURT
(His Honour Judge Barry)
Strand London WC2 Monday 19th November, 2001 |
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B e f o r e :
LORD JUSTICE MANCE
____________________
STEFAN ZAZULAK | ||
(T/A STEDCO PRECISION & GENERAL ENGINEERS) | ||
Claimant/Applicant | ||
- v - | ||
(1) JG DICKENSON AND SL DICKENSON | ||
(T/A ASSET & FINANCE LEASING) | ||
(2) B&W MACHINERY INSTALLATIONS LIMITED | ||
Defendants/Respondents |
____________________
Smith Bernal Reporting Limited, 190 Fleet Street,
London EC4A 2AG
Tel: 020 7421 4040
Official Shorthand Writers to the Court)
THE RESPONDENTS did not appear and were not represented
____________________
Crown Copyright ©
"It was conceded before His Honour Judge Barry at the outset of the trial in opening that there were arrears which justified the termination of the agreement and repossession. Mr Zazulak was advised of this respect and specifically agreed to this course."
"As to the allegation that the First Defendant failed to mitigate his loss as regards the sale price of the leased goods, whilst it was pleaded that such should be in relation to the open market price, Mr Mascall in his report advised that the relevant basis should be the estimated restricted realisation price of £3,150 plus VAT. The latter figure was the best that Mr Zazulak could have hoped to achieve. I have no notes but, to the best of my recollection Mr Mascall in giving evidence stated that he had made such estimate without obviously having had the chance to view the goods and he admitted that in view of the condition of the goods and the prevailing market demand for such goods as put to him the figure of £2,350 [inc VAT] represented a reasonable re-sale value. In the circumstances, the plea of failure to mitigate was not sustainable."