Breach of Share Purchase Agreement warranties following the sale by an oil major of its operations in Sub Saharan Africa to a private equity buyer.
Secretariat professionals provided expert services in assessing whether accounting warranties had been breached and assessing the quantum of loss arising from accounting, tax and other alleged breaches of warranties.
We were instructed by the Respondent to respond to allegations of breach of warranties under accounting warranties and tax warranties and the assessment of damages for all alleged warranty breaches. The work involved obtaining a detailed understanding of the operation of the various joint operating agreements and production sharing contracts in force. Key areas of focus were the assessment of materiality; the valuation methodology; weighted average cost of capital and multiplier; expectations when operating in the specific country where there is frequent government intervention; and an assessment of damages.
Secretariat Client Natera Wins Preliminary Injunction against NeoGenomics
Economic analysis performed by Dr. Anup Malani and the Secretariat team demonstrates that a preliminary injunction is warranted. Natera, Inc., which specializes in cell-free DNA testing technology, sought a preliminary injunction against competitor NeoGenomics Laboratories, Inc.
Recursive Nash-in-Nash Bargaining Solution
Keith Waeher authored the paper “Recursive Nash-in-Nash Bargaining Solution” with Xiaowei Yu. The paper has been published in Economics Bulletin.
The Dawning of Diverse Data: How eDiscovery Is Moving Beyond Emails
Gone are the days when email reigned supreme in eDiscovery. The digital landscape is evolving rapidly and, within the next two years, diverse digital data will surpass email in prevalence. This shift will significantly impact legal reviews, demanding new approaches and adaptations. Let’s explore the rise of diverse data, its implications for eDiscovery, and how […]