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Practice – Summary judgment. The defendant company agreed to purchase shares in a Bulgarian company and its subsidiaries from the claimant company. The agreement provided that the relevant group of companies were to allow seller and its professional advisers reasonable access to relevant books, records and documents. The claimant's request for access to those documents was refused. The claimant brought an action against the defendant for specific performance. The Chancery Division, in granting the order, held that the claimant had a clear contractual entitlement to access to the documents and to copying them. The case was an appropriate case for specific performance and a suitable case for summary judgment.
Practice – Summary judgment. The defendant company agreed to purchase shares in a Bulgarian company and its subsidiaries from the claimant company. The agreement provided that the relevant group of companies were to allow seller and its professional advisers reasonable access to relevant books, records and documents. The claimant's request for access to those documents was refused. The claimant brought an action against the defendant for specific performance. The Chancery Division, in granting the order, held that the claimant had a clear contractual entitlement to access to the documents and to copying them. The case was an appropriate case for specific performance and a suitable case for summary judgment.
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