Hints and tips:
...Travelport had a deal to sell a unit to the payments company Wex, but Wex has refused to close and Travelport is in the middle of separate litigation to get that money....
...J Crew, Travelport, Siris Capital Group, Elliott Management, WEX, GSO, Mudrick Capital, Bank of America and Neiman Marcus all declined to comment. joe.rennison@ft.com...
...US-based payments group WEX is due in a British court in September to test that high barrier as it tries to break its deal to purchase two systems from Travelport, citing the pandemic....
...And as the court ruled, even if there are hard feelings afterwards, the legal contract provides protection for the bank....
International Edition