The English Technology and Construction Court has held that the operation of a pain/gain mechanism in an NEC3 Option C (target cost) form of contract was only to be applied once works had completed, and not on an interim basis.
An integrated corporate service for all M&A activity.
Our experienced M&A lawyers advise on domestic and cross-border share and asset acquisitions and disposals, takeovers, auction sales and corporate restructurings, along with related financing arrangements and commercial agreements. Our legal team can take you through the entire acquisition/disposal process, from due diligence and negotiations to exit strategy and post-integration matters.
We deliver multi-disciplinary legal solutions and add value, particularly in our core sectors of Energy, Transport and Real Estate, through our commercial approach and in-depth knowledge of all aspects of M&A activities from corporate, finance, tax, IP/IT, employment, to regulatory, competition and insolvency.
find out more:
alwitra is a market leader in Germany for plastic roofing and sealing membranes for flat roofs. The company generates an annual turnover of around €80m and has around 300 employees at its two main facilities in Trier and Hermeskeil.
The financing enables Alpha Trains to refinance existing debt, finance new build rolling stock and restructure the group by bringing its subsidiaries Alpha Trains TWN and Alpha Trains HWN into the financing platform.