||All England Reporter
|| All ER (D) 222 (Mar)
|| EWCA Civ 160
||Court of Appeal, Civil Division
Aldous, Keene LJJ and Sir Christopher Slade
||The first claimant appeared in person on his own behalf and on behalf of the second claimant.
||Peter Cranfield and Ian Wilson (instructed by DMH Solicitors) for the first and second defendants.
||14 March 2002
Company - Shares - Option to purchase - Breach of option contract - Damages - Measure of damages - Breach of contract by failure to transfer shareholding - Valuation of shares at date of exercise of option - Judge excluding hindsight from valuation - Whether judge correct.
There was no authority to support a proposition that, for the purpose of valuing shares in a company at a fixed date, its trading results after the valuation date should be preferred to its trading results actually known at the valuation date.
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