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When is withholding consent reasonable?

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Published on: 25 November 2011
Published by a LexisNexis Commercial expert

Table of contents

  • Background
  • Recommendations and next steps
  • What does this mean for the future?

Article summary

Constructive guidance on the withholding of consent in commercial agreements has been issued by the High Court in the case of Porton Capital Technology Funds and others v 3M UK Holdings Ltd and 3M Company [2011] All ER (D) 171 (Nov). In assessing whether they should grant their consent to another party’s proposed course of action under a commercial agreement organisations should consider carefully the principals laid down in Porton.

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