PROVING THINGS 286: THE CLAIMANT FAILS TO PROVE ITS CASE: YOU LOST US $715 MILLION IN TWO YEARS BUT THAT WAS BECAUSE YOU DID NOT UNDERSTAND THE BUSINESS YOU WERE BUYING

Here we have a case where the claimant lost a lot of money ($715 million) in a short amount of time (two years) but failed in its attempt to show that this was due to the fault of the defendants. "From all I heard at trial I had the clear sense that the new owners did not understand the business the...