HungryPanda wins £11.7m payout after acquired business breaks contract

HungryPanda

After receiving an initial sum worth $45.2m in December 2021, Easi’s owners withheld IT assets from HungryPanda vital to the business’ operation

HungryPanda has won an A$24.6m (£11.7m) payout in London’s High Court after it successfully argued that a company it acquired in Australia had broken its contract by withholding critical assets and violated non-compete terms by entering into talks with a competitor

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