Source: All England Reporter
Publisher Citation: [1997] All ER (D) 34
Court: Queen's Bench Division (Official Referees' Business)
Judge:

Judge Bowsher QC

Representation Michael McLaren (instructed by Titmuss Sainer Dechert) appeared for the plaintiffs.
  Michael Briggs QC (instructed by Berwin Leighton) appeared for the defendants.
Judgment Dates: 23 October 1997

Catchwords

Sale of company - Purchaser claiming damages for breach of warranties on basis of completion accounts - Parties appointing independent expert accountant pursuant to sale agreement - Expert's determination to be final and binding, save in case of 'manifest' error - Vendor contesting amount of net liabilities found by expert - Whether vendor entitled to have accounts re-opened.

The Case

Practice Areas

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