Not exact matches
Considering the EUR 65 million + in gains NTR realised (in its most recent FYs) from legal claims,
asset sales, contingent
consideration, and release
of prior accruals / provisions, considerable optionality may still exist in such legacy
assets.]
And in the past 2 years, despite other continuing write - downs & losses, the P&L included an astounding EUR 65 million + in gains from legal claims,
asset sales, contingent
consideration & the release
of prior accruals / provisions!?
These include shareholder and partnership disputes; the investigation and pursuit
of civil fraud claims against directors, employees and third parties; international
asset tracing; professional negligence claims (including against office holders); Company law claims such as minority shareholder petitions (Section 994 Petitions) and specialist applications in relation to the conduct and control
of companies; contract disputes; challenges to share
sale consideration; and directors» disqualification proceedings.
Represented Leading Edge Turbine Technologies, Inc. and its shareholders in connection with the
sale of its
assets in January 2010 to Dresser - Rand Group Inc. for initial
consideration of approximately $ 35 million.
In an
asset -
sale transaction, if the purchaser offers to employ an employee
of the vendor, can the purchaser vary some (or all)
of the fundamental terms
of the employee's employment contract and rely on the offer itself as sufficient legal
consideration for such changes?