We set out below a number of interesting English court decisions and market developments which have taken place and their impact on M&A transactions. Our Summer review looks at these developments and gives practical guidance on their implications.

In this issue… Contractual provisions -

- Carve-out from limitation clause for fraudulent misrepresentation did not catch fraudulent breach of contract.

- Buy-side W&I insurance policy successfully excluded losses claimed.

- Investment bank not entitled to receive commission on public capital raising by Indian bank.