Skip to main content

Case study

The one with the
mess to clear up about false statements on future profits

Advised a company in the waste removal industry in relation to it being misled as to the financial stability and likely future profits of an asbestos removal company it was due to acquire.  It was discovered that the acquired company’s director had been running a price fixing mechanism with a public body for the removal of asbestos in several buildings, which immediately ceased on the sale of the company to the client. 

The client company pursued the director of the asbestos company for damages and successfully obtained a freezing injunction given the level of fraud alleged against the director.  That injunction was in excess of £500,000, and shortly after obtaining it, the litigation was resolved.

  • Case Study
  • Sector
    Manufacturing and Engineering
  • Service
    Fraudulent Misrepresentation
  • Service
    Freezing Injunctions

Contact details

Phone: 0121 796 4020

Email: hello@tenetlaw.co.uk

Fax: 0843 216 4240

Location

Tenet Compliance & Litigation Limited
Sterling House, 71 Francis Road, Edgbaston, Birmingham B16 8SP

Social

Copyright © Tenet Law. All Rights Reserved.

Tenet Compliance & Litigation Limited. Registered Office, Sterling House, 71 Francis Road, Edgbaston, Birmingham B16 8SP. Registered in England and Wales. Registered No: 09776405. Authorised and regulated by the Solicitors Regulation Authority. SRA Identification No. 626562.

Created by Gritt & Co