High Court rules that a sum of €152,504 (plus VAT) is due and owing by the defendants to the plaintiff on foot of an agreement made in March 2010 whereby the plaintiff agreed to accept the sum of €225,000 (plus VAT) in respect of the architectural services provided by the plaintiff to the defendants, having credited the amounts paid between 10 March 2010 and 8 February 2012.
Claim for monies due and owing - fees were only sought to be recovered after the economic collapse despite the architectural services being provided during the economic “boom” - plaintiff sought to recover the sum of €1,130,418 (plus VAT) from the defendants being the balance of monies due and owing for architectural services provided during the years 2000 – 2009 in respect of a number of projects - by letter an agreement was reached for a full and final settlement in the total amount of €225,000 plus VAT - no claim arises on the basis of a quantum meruit as court found there was an agreement by the parties - court did not accept amount claimed was due and owing - there was no consideration which meant a later agreement that a payment of €140,000 (plus VAT) was invalid - the rule in Pinnel’s case - Court holds that a sum of €152,504 (plus VAT) is due by the defendants to the plaintiff.