C v D1 & Ors

Mr David Wolfson�Q.C. and�Mr Simon Gilson�(instructed by�Hogan Lovells International LLP) for the�Claimant Mr Toby Landau�Q.C. and�Mr Siddharth Dhar�(instructed by�Stephenson Harwood LLP) for the�Defendants Hearing dates: 29th and 30th June 2015 ____________________

It is alleged breaches of Article 7 that found the counterclaims brought by D1 and D3 referred to below.

Part 2 of Schedule 3 provided, amongst other things, that C would continue to carry on its activities in accordance with the PSC.

a) an amendment to the SPA was executed, varying in certain respects the conditions for completion;

b) D2 executed three separate company guarantees ("the Guarantees") in favour of C, two of which guaranteed, subject to a financial limit, D1's payment obligations under the SPA; and