Month: September 2019

Thomas Cook’s demise has marked the beginning of the end for high street travel agents, according to an insolvency expert. The UK tour operator was formally placed into compulsory liquidation today (September 23) after failing to agree a rescue package amid £1.6bn debt – triggering 9,000 UK redundancies – and Tom Gardiner, Associate Director at …

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Introduction The recently published High Court judgment in Triumph Controls v Primus ([2019] EWHC 565 (TCC); [2019] EWHC 2216 (TCC)) concerned the sale of businesses (an M&A Dispute) and claims for breaches of warranties. The case involved highly technical accounting and valuation issues. Given these circumstances, how might the matter have been served by a …

Continue reading “The Value To Price Relationship In M&A Warranty Claims (a recent case)”

BLOCKS Wearables Limited began its journey in London in 2014 to design and manufacture a smart watch where users could personalise the strap with modules offering various functionalities such as monitoring heart rate, tracking location or making payments. The firm had attracted hundreds of investments from across the globe and developed several prototypes, however, internal …

Continue reading “Company looking to launch world’s first modular smartwatch enters liquidation”