UK - Unilever's claim against Merrill Lynch Investment Management (MLIM) will hinge on the wording of the contract between the two parties, the judge presiding over the case indicated in the High Court today.
Mr Justice Colman drew attention to clause 6.1 in the contract and said the question of whether it was an enforceable provision would be key. The clause refers to the target return of 1% asked o...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date