Private equity update: why clear drafting matters — a case lost by both sides?
In Alegro Capital LLP v AllProperty Media Pte Ltd [EWHC] 3376 QB, Mr Justice Foskett said: ‘It is unfortunate that a great deal of cost will have been expended in the dispute and that it will have generated bad feeling and distrust between the two sides. It is, regrettably, a consequence of not sorting out the fine print of the agreement sufficiently in the commercial haste that gave rise to it. That is a lesson to be learned.’
This is certainly not the first time that a judge has found that in the rush to sign binding agreements the parties have failed to record clearly what they had (or thought they had) agreed. Nor is it likely to be the last…
If you are registered and logged in to the site, click on the link below to read the rest of the Wragge & Co briefing. If not, please register or sign in with your details below.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Wragge Lawrence Graham & Co
News from The Lawyer
Briefings from Wragge Lawrence Graham & Co
CJEU rules when the owner of a database is free, subject to national law, to adopt contractual terms and conditions governing its use.
Paying for delay and patent settlement arrangements — the European Commission (at last) publishes the Lundbeck decision
In 2013 the European Commission announced that it had fined H Lundbeck A/S in respect of infringements of Art 101 of the TFEU and the EEA Agreement. It has finally set out the basis for the infringements.