Hugh and Maria merged companies and expanded into Asia. Following a series of business deals it has come to light that Maria neither has the contacts nor business structure she led Hugh to believe and upon which their agreement was made. Hugh would like to walk away from the agreement.

a. Advise Hugh on the difference between him making a claim for a breach of a condition or warranty.

b. The dispute resolution clause in the merger agreement between Hugh and Maria established that any disputes would be resolved via arbitration. Outline the commercial arbitration process under UK legislation

c. Imagine there was a clause in the merger agreement stating that Hugh had the right to acquire Maria's company should the merger agreement be terminated. Explain the process Hugh would have to follow in order to acquire Maria's company.