Guide
Fair value update: consent means consent
04 August 2017
A party who agrees to make an interim payment in a fair value determination pursuant to s. 238 cannot back out of the agreement, and the court will give effect to terms agreed between parties in such circumstances.
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Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.
