Latest by David Wallis

Blog

What is covered by an indemnity for "liabilities"?

Published on 20 April 2020. By David Wallis, Partner

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This blog examines the recent Court of Appeal decision relating to the acquisition of Nottingham Forest FC and asks what type of liabilities is a seller liable for under a liabilities indemnity?

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Blog

More than you bargained for: the implied duty of good faith

Published on 26 April 2019. By David Wallis, Partner and Neil Brown, Partner

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The recent High Court decision in Bates v. Post Office (No. 3) confirms a general principle that if a contract is a "relational" contract then it will include an implied obligation of good faith. Previously, there had been doubt whether such a general principle exists, as historically this was not an approach recognised by the English courts.

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Schemes and offers where drags don't work

Published on 06 November 2017. By James Mee, Partner and David Wallis, Partner

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James Mee and David Wallis detail the statutory solutions available when drag-along rights are either ineffective or non-existent for the sale of private companies with a large employee shareholder base

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Blog

Special relationship

Published on 04 September 2017. By David Wallis, Partner and James Mee, Partner

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David Wallis and Peter Sugden outline what commercial teams need to know about US/UK deals.

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Blog

What a drag

Published on 11 August 2017. By James Mee, Partner and David Wallis, Partner

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James Mee and David Wallis outline some of the issues involved in selling companies with a large employee shareholder base

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