How a Simple Typo Ruined a 124-Year-Old Outstanding Company

A family engineering firm Taylor & Sons Ltd that had been around for more than a century was run out of business after a UK government register made a typo in 2009 by mistakenly list company as being in liquidation when it was really another company — Taylor & Son Ltd (without the second "s") — that had gone under. Once this information got out to creditors, suppliers started terminating orders, according to The Telegraph reports.

 
Managing director and co-owner Philip Davison-Sebry said he was on vacation in the Maldives when this all happened, and it was "like Armageddon" with clients calling him and asking what was going on.
The company fell apart within two months
 
The mistake was caught within a few days, but by then, the damage was already done.
 
The High Court in Britain ruled in Davison-Sebry's favor, and he'll likely receive millions. The final payout has yet to be determined