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Contract – Breach. The claimant company sought to purchase a telecommunications firm. In order to facilitate the purchase, it made agreements with the defendants. The claimant brought proceedings, contending that the defendants had breached the agreements. The Commercial Court held that, on the true construction of the agreement between the parties, the defendants had not been given additional assurances as alleged, and the claim would be allowed.
Contract – Breach. The claimant company sought to purchase a telecommunications firm. In order to facilitate the purchase, it made agreements with the defendants. The claimant brought proceedings, contending that the defendants had breached the agreements. The Commercial Court held that, on the true construction of the agreement between the parties, the defendants had not been given additional assurances as alleged, and the claim would be allowed.
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