Court of Appeal rules that a company's financial model and profit margin should not be disclosed | Practical Law

Court of Appeal rules that a company's financial model and profit margin should not be disclosed | Practical Law

In Veolia ES Nottinghamshire Ltd v Nottinghamshire County Council and others [2010] EWCA Civ 1214, the Court of Appeal has held that documents relating to the company's financial model and profit margin should not be disclosed under section 15(1) of the Audit Commission Act 1998.

Court of Appeal rules that a company's financial model and profit margin should not be disclosed

by PLC Public Sector
Published on 02 Nov 2010England, Wales
In Veolia ES Nottinghamshire Ltd v Nottinghamshire County Council and others [2010] EWCA Civ 1214, the Court of Appeal has held that documents relating to the company's financial model and profit margin should not be disclosed under section 15(1) of the Audit Commission Act 1998.