[M&A] Attribution of knowledge – Obligation to provide information, fraud and fraudulent retention of information – but who actually possesses the information?
It happens frequently that following the acquisition of a business, the acquirer, dissatisfied with the deal, attempts to obtain compensation for damages on the grounds that seller withheld decisive information. Another frequently used strategy is to try to have the contract annulled on the grounds of fraud or fraudulent retention of information. The acquirer is…