The Business Law Reports
[2023] Bus LR 951
Chancery Division
Decision Inc Holdings Proprietary Ltd and another v Garbett and another
[2023] EWHC 588 (Ch)
2023 Jan 17–20, 23–25, 27;March 16
Simon Gleeson sitting as a deputy High Court judge
Contract— Construction— Warranty— Agreement warranting accuracy of company’s financial and other records and absence of material adverse change in its turnover and prospects— Whether warranty extending to all records created by company in course of conduct of its operations— Proper approach to establishing whether turnover and/or prospects warranty breached— Correct test of materiality— Relevance of short-term interruption in earnings— Whether warranties breached