Case: multiple warranty claims considered under share purchase agreement

The High Court recently considered three different warranty claims under a share purchase agreement (SPA), allowing one and disallowing two. The court also had to determine whether the buyer had served adequate notice of the warranty claims.

The facts

The case, Triumph Controls UK Ltd v Primus International Holding Co [2019] EWHC 565 (TCC) concerned the purchase of an aerospace business. Triumph Controls UK Ltd (the buyer) bought the shares in three subsidiaries owned by Primus International Holding Company (the seller). One subsidiary was based in Farnborough, UK and two were based in Thailand.