Quote Northernrelic="Northernrelic"Sale of shares in club agreed for £300k for "assets" worth £x, turns out during course of sales club worth £x - £600k - would you still be happy to pay £300k?
Bit like looking at buying a house then getting a surveyor's report saying the foundations had been eaten by termits'"
Utter nonsense. If anyone knew what they were buying, then how do you reckon MM and RW did not?
On your general point, you are correct on one point, and that is that nobody in that situation (if it existed) would be "happy" to pay. However that has nil to do with the fact that if you agree to buy something, then you owe what you agreed. Caveat emptor. And anyway either MM nor RW ever presented any such argument" for not paying.
More to the point, OK sued RW and MM for the agreed price. Neither of them has advanced any such Defence to his claim and if you were right, are you saying their solicitors are negligent in failing to mount the correct defence?