How to avoid losing a subsidiary by mistake: lessons from the Court of Appeal – OUT-LAW.com

Posted January 26th, 2010 in company law, mistake, news, subsidiary companies by sally

“A parent company can inadvertently lose control of its subsidiary, according to a ruling by the Court of Appeal. An expert has said that the circumstances in which this will happen are rare but that directors of group companies should mitigate the risks.”

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OUT-LAW.com, 26th January 2010

Source: www.out-law.com

High Court upholds contract entered into by mistake – OUT-LAW.com

Posted November 12th, 2008 in contracts, mistake, news by sally

“A contract based on a mistake by one of the parties can be valid even if the other party to the contract is aware of the error, the High Court has ruled. The case concerned mistakes that did not form terms of the contract.”

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OUT-LAW.com, 11th November 2008

Source: www.out-law.com