“…dered that the legal principles to be applied were clear, as laid down by the Court of Appeal in OMV Petrom SA v Glencore International AG [2016] EWCA Civ 778, [2017] 3 All ER 157, which dealt directly with tortious damages for deceit. In short, as Lord Justice Christopher Clarke said in that case:…”
“…There was also reference to Ageas in OMV Petrom SA v Glencore International AG [2016] EWCA Civ 778, [2017] 3 All ER 157 (“OMV Petrom”), which, as Christopher Clarke LJ noted in paragraph 1, concerned the measure of damages for deceit. In OMV Petrom, the defendant (“Glencore”) ha…”
“…A similar approach was rejected by the Court of Appeal in OMV Petrom SA v. Glencore International AG [2016] EWCA Civ 778; [2017] 3 All ER 157, where Clarke LJ explained at [81]-[83] that the assessment of the market value of oil at the relevant time for the purposes of calculating the direct loss sho…”