Published on Wed, Apr 09,2014 | 18:22, Updated at Wed, Apr 09 at 18:22Source : Moneycontrol.com
M&A transactions can be complex and time-consuming processes, often giving rise to different disputes at various stages. These range from issues in obtaining specific performance, letters of intent, continued management of the business by the seller, conflicting dispute resolution clauses, implementation, supplementation and eventual amendments of the contact, as well as multi-party disputes and those based on condition precedents or MAC clauses, and often breaches of warranties, representations or covenants. In the latter respect, questions arise with regard to the effect of due diligences, their interplay with disclosure letters and, generally, the assessment of damages. At the IBA M&A Conference 2014, Darius Khambata - Senior Counsel, Bombay High Court, Iqbal Chagla - Senior Counsel, Bombay High Court, David Rivkin of Debevoise & Plimpton, Gautam Bhattacharyya of Reed Smith & Dinesh Dhillon of Allen & Gledhill discussed 'Disputes Relating To M&A Transactions In India'
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