Case: Morris v Kanssen [1946] 1 All ER 586

John Rimmer summarises Harper v Simpson, which sheds light on whether the Duomatic principle applies to beneficial shareholders Every law student learns that a company is a separate legal person from its members and that the management of the company is carried on by the directors. Yet the voting members of a company can make …

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John Rimmer summarises Harper v Simpson, which sheds light on whether the Duomatic principle applies to beneficial shareholders ‘The court preferred the more modern view that orthodox thinking was now that the Duomatic principle does not apply to actions of a beneficial shareholder, but only to a legal (registered) shareholder.’ Every law student learns that …

Continue reading "Offshore: Share and share alike"