Guardiola quizzed on reports that Man City will trigger Haaland's €75m buyout clause
Reports suggest that City have agreed personal terms with the 21-year-old Norwegian striker.
Source: the42.ie
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18-year-old Fati agrees new contract with €1 billion release clause
The extended Barcelona deal runs until 30 June 2027.
Source: the42.ie
UK Insolvency Practitioners Lost Protection of Release Clauses?
Monday, December 21, 2020 In the third (and final) of our blog series on recent CVA cases, in Rhino Enterprises Properties Ltd & Anor [2020] EWHC 2370 (Ch), the High Court gave permission for misfeasance proceedings to be brought against two former joint administrators. This was despite an approved Company Voluntary Arrangement (“ CVA”) containing a clause releasing the joint administrators from liability. The Court held it was ‘at least strongly arguable’ that CVAs were not contracts for the purpose of s.1(1) of the Contracts (Rights of Third Parties) Act 1999 (the “ 1...
Source: natlawreview.com