Last Updated:
January 11, 2023

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Ramsgate Victoria Hotel v Montefiore

Facts – In this case law, the defendant, Mr. Montefiore wanted to buy shares in the complainant’s hotel (Ramsgate Victoria Hotel). As part of his offer, he said that he wanted to buy shares of the hotel at a certain price from the complainant. Approximately six months after the offer was made, the complainant accepted the offer. By this time, however, the value of the shares had declined, and Mr. Montefiore no longer had any interest in buying them. The defendant did not formally revoke the offer, but he did not proceed with the sale. The Complainant brought an action Read More
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Ramsgate Victoria Hotel v Montefiore

Facts – The defendant, Mr. Montefiore wanted to buy shares in the complainant’s hotel (Ramsgate Victoria Hotel). As part of his offer, he said that he wanted to buy shares of the hotel at a certain price from the complainant. Approximately six months after the offer was made, the complainant accepted the offer. By this time, however, the value of the shares had declined, and Mr. Montefiore no longer had any interest in buying them. The defendant did not formally revoke the offer, but he did not proceed with the sale. The Complainant brought an action against the defendant for Read More
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Legal issues faced by Amway in India.

Amway India CEO Bill Pinckney was arrested May 26 in New Delhi, and was taken more than a thousand miles south to the town of Kurnool, where a local judge ordered him into custody until June 7. Pinckney’s arrest, his second since May 2013, came after a warrant was issued in response to a complaint accusing the direct sales giant of various infractions, including cheating, extortion and irregularities in its business operations in the country. A Didar Singh, who heads the India industry group Ficci, called Pinckney’s incarceration inappropriate and unwarranted, adding that the complaint should be handled as a Read More
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