The appellant retained the respondent to provide strategic advice for a hostile takeover of a competitor.
The contract included a success fee payable upon the appellant gaining control of the target's management.
After an initial meeting requisition strategy failed, the appellant pursued a consensual purchase transaction without the respondent's involvement.
The trial judge found the contract was goal-focused and awarded the success fee and management fee to the respondent.
On appeal, the Court of Appeal found no extricable errors of law or palpable and overriding errors in the trial judge's interpretation of the contract.
The appeal was dismissed.