Continue reading "Shareholders: Through the looking glass"
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Shareholders: Through the looking glass
Dov Ohrenstein reviews the law relating to reflective losses and derivative claims ‘Pursuant to s260(1) of the Companies Act Act, only a company member can bring a derivative claim. For this purpose “member” includes trustees in bankruptcy and other persons who have been transferred shares by operation of the law.’ Where a wrong is done …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Airey v Cordell & ors [2006] EWHC 2728 (Ch)
- Barrett v Duckett [1995] 1 BCLC 243
- Carlen v Drury (1812) 1 Ves & B 154
- Cinematic Finance Ltd v Ryder & ors [2010] EWHC 3387 (Ch)
- Daniels v Daniels [1978] Ch 406
- Foss v Harbottle [1843] 2 Hare 461
- Gaetano Ltd v Obertor Ltd [2009] EWHC 2653 (Ch)
- Giles v Rhind [2001] 2 BCLC 582; [2002] EWCA Civ 1428
- Harley Street Capital Ltd v Tchigirinsky & ors [2005] EWHC 1897 (Ch); [2005] EWHC 2471 (Ch)
- Johnson v Gore Wood & Co [2000] UKHL 65
- Nurcombe v Nurcombe [1985] 1 WLR 370
- Prudential Assurance Co Ltd v Newman Industries Ltd (No 2) [1982] 1 Ch 204
- Rawnsley & anor v Weatherall Green & Smith North Ltd [2009] EWHC 2482 (Ch)
- Rushmer v Smith (t/a Mervyn E Smith & Co) [2009] EWHC 94 (QB)
- Smith v Croft [1986] 2 All ER 551; [1988] Ch 114
- Waddington Ltd v Chan Chun Hoo Thomas [2008] HK CU 1381
- Webster v Sandersons Solicitors (a firm) [2009] EWCA Civ 830