Broker prevents commercial lender from approaching its clients

A financial broker has succeeded in preventing a commercial lender from approaching its clients. The case involved Medenta Finance Ltd, which specialised in financial products in the medical and dental market. It had acted exclusively for Hitachi Capital UK Ltd. Under a 2011 agreement, Hitachi provided finance for the sale of products through suppliers introduced

Contract dispute not allowed to delay supply of underground trains

London Underground has succeeded in legal action to prevent a contract dispute with three major suppliers delaying the delivery of new trains. The issue arose when the company conducted a procurement exercise for the manufacture and supply of 94 new trains and equipment for the Piccadilly Line, with options for the supply of additional trains

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