The outlook for 2023 looks uncertain, following another tumultuous year. The collapse of a number of large cryptocurrency exchanges has shone another spotlight on the digital asset market. The financial system’s resilience...more
In recent weeks, courts in England and Hong Kong have taken the opportunity to set out the serious consequences that follow from deliberately breaching disclosure orders made in the context of freezing orders....more
The English High Court, in Triumph Controls UK Ltd v Primus International Holding Co [2019] EWHC 565 (TCC), has found that proper, accurate financial projections by the sellers would have resulted in a lower purchase price...more
4/8/2019
/ Aerospace ,
Breach of Warranty ,
Damages ,
Defense Sector ,
Disclosure ,
Inflated Projections ,
Multinationals ,
Purchase Price ,
Revenue ,
Selling a Business ,
Share Purchase Agreements ,
UK ,
UK Supreme Court
The Court of Appeal has upheld a "springboard" injunction (albeit reduced in scope) in the latest case to deal with the issue of unlawful "team lifts"....more