4/7/2014

START DATE

END DATE

20-May-14

Aircare Ltd vs. Wyatt Sellyeh

COURT:

LAW:

JUDGE(S):

CLAIMANT'S LAWYER:

DEFENDANT'S LAWYER:

Supreme Court of Bermuda

Commercial Law

Hellman J

Ben Adamson

Timothy Marshall

FACTS OF THE CASE:

Dispute over share repurchase agreement terms and calculation of share purchase price following company merger

SUMMARY:

Correct construction of share repurchase price calculation clause entitlement to recalculated share purchase price

OUTCOMES:

Claim dismissed counterclaim for rectification dismissed costs awarded to defendant

RULED IN FAVOUR OF:

Defendant

PLAINTIFF/CLAIMANT

DEFENDANT:

DURATION (DAYS):

ISSUES:

RELEVANCE:

RULING:

RULING TYPE:

CASES CITED:

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