A lesson to be learned – keep a careful eye on preparing accounts, particularly when selling a company.
The Commercial Court has found for the Claimant in a dispute where a company was wrongly valued because accounts had been prepared underrating liabilities and failing to provide for payments due to a new scheme that the company has signed up for. Cardamon Ltd v MacAlister and Another.
Whether you are involved in a sale of a business (for example a share sale), or bringing or defending a claim relating to a sale of a business, look no further, our expert Business Services Team is here to help. Call Partner Andrew Petchey for a free initial discussion and to see how we can help you.”