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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/

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