Rely on the most comprehensive, up-to-date legal content designed and curated by lawyers for lawyers
Work faster and smarter to improve your drafting productivity without increasing risk
Accelerate the creation and use of high quality and trusted legal documents and forms
Streamline how you manage your legal business with proven tools and processes
Manage risk and compliance in your organisation to reduce your risk profile
Stay up to date and informed with insights from our trusted experts, news and information sources
Access the best content in the industry, effortlessly — confident that your news is trustworthy and up to date.
With over 30 practice areas, we have all bases covered. Find out how we can help
Our trusted tax intelligence solutions, highly-regarded exam training and education materials help guide and tutor Tax professionals
Regulatory, business information and analytics solutions that help professionals make better decisions
A leading provider of software platforms for professional services firms
In-depth analysis, commentary and practical information to help you protect your business
LexisNexis Blogs shed light on topics affecting the legal profession and the issues you're facing
Legal professionals trust us to help navigate change. Find out how we help ensure they exceed expectations
Lex Chat is a LexisNexis current affairs podcast sharing insights on topics for the legal profession
Discuss the latest legal developments, ask questions, and share best practice with other LexisPSL subscribers
James Hayden, solicitor in the Lexis®PSL Corporate team, considers the factors that the court will look at in assessing whether revisions to financial forecasts fall within a definition of material adverse effect (MAE).
The proceedings arose out of the acquisition by the claimant from the defendant of one of its business divisions. The claimant claimed damages for loss it said resulted from fraudulent misrepresentations made by the defendant in respect of the forecasts on which the claimant relied, and damages for breach of contract. The defendant applied to strike out the particulars of claim or, alternatively, for summary judgment. The Commercial Court held that, in the circumstances, the defendant was entitled to the relief sought in one regard.
Access this article and thousands of others like it free by subscribing to our blog.
Read full article
Already a subscriber? Login
0330 161 1234