This case covers the typical arguments which arise in SPA disputes in circumstances where a target does not perform as well as expected. In March 2019, the UK’s High Court handed down its judgment on, amongst others, three key areas which corporate lawyers, buyers and sellers should be mindful of, being:
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British law
股份购买协议:对卖方的启示
本案涵盖在目标公司业绩未达预期的情况下,有关股份购买协议纠纷的典型争议。2019年3月,英国高等法院就公司律师、买方和卖方应当注意的三个关键方面做出判决,其中包括:…
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Don’t forget about the trustee body seeking to rely on informal shareholder approvals
Company decision-making was under the spotlight in December 2019, when the UK’s Court of Appeal was asked to consider the “Duomatic principle” (taken from the 1969 case Duomatic Ltd, Re [1969] 2 Ch. 365) which gave credence to informal shareholder approvals in certain circumstances.
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Which came first, the binding contract or the implied term?
Over the course of 2019, the Courts of England and Wales heard several cases which explored the circumstances in which the Courts are willing to imply terms into contracts. We have considered two such cases, Wells v Devani and Lehman Brothers International (Europe) (In Administration) v Exotix Partners LLP and set out our observations below.
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The Full English:Looking back at the top eight cases of 2019 in the UK
Looking back at the top eight cases of 2019 in the UK
Last year was an interesting year in the UK Courts for businesses and corporate/commercial lawyers alike. Whilst we do not intend to provide you with an exhaustive list of all UK Court decisions, we have selected 9 key cases heard which are both thought-provoking and relevant to those who are not as close to the UK legal system and which could potentially affect you or your clients’ business. Some of the key findings are set out in the summaries below:
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