United Kingdom misrepresentationwarrantiesshare purchase agreement

Idemitsu Kosan Co Ltd v Sumitomo Corp

[2016] EWHC 1909 (Comm)

JurisdictionUnited Kingdom

CourtHigh Court of Justice, Queen's Bench Division (Commercial Court)

Year2016

StatusPersuasive authority

Key Principle

A contractual warranty given in a share/sale and purchase agreement does not, without more, also constitute a representation of fact capable of founding an actionable claim under the Misrepresentation Act 1967; by giving a warranty a party promises a state of affairs but does not thereby represent it.

Area of Law

General

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