X
28Apr

Losing the longstop: High Court decision highlights importance of clearly drafted longstop clauses

In Damoco (Bermuda) Ltd and Others v Atlanta Bidco Ltd, the High Court rejected claims as to the longstop date for accounts needed to calculate a contractual payment. Instead, the Court adopted a much narrower interpretation of the longstop...
By: White & Case LLP
Source Url: https://www.jdsupra.com/legalnews/losing-the-longstop-high-court-decision-21753/

Related

Key California Employment Law Cases: August 2019

OTO, L.L.C. v. Kho, 8 Cal. 5th 111, 251 Cal. Rptr. 3d 714 (2019) - Summary:  Mandatory arbitration ...

Read More >

[Video] Qualified Opportunity Zone Update: Highlights of Treasury's Second Set of Proposed Regulations

Join Shipman & Goodwin tax attorneys Louis Schatz and David Bigger for this complimentary webinar re...

Read More >

Fairstone Financial v Duo Bank – Ontario Court Interprets MAC Clause

In Fairstone Financial Holdings Inc v Duo Bank of Canada, Koehnen J. of the Ontario Superior Court o...

Read More >

Document Mailing of COBRA Notices

A recent district court case out of Louisiana highlights the importance for employers to document th...

Read More >

Mixed Economic News from the Construction Industry

Navigating mixed signals in the construction industry; the AIA’s Architecture Billings Index throug...

Read More >

U.S. Labor Department Finalizes Rule Limiting Joint Employer Liability

In April 2019, the U.S. Department of Labor’s Wage and Hour Division published proposed rules deali...

Read More >