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Company – Shares. The claimants brought proceedings in the British Virgin Islands (BVI) against the second defendant for breach of a contract to procure the issue of shares in the first defendant company to them and against the company for rectification of its share register to show the claimants as shareholders. The BVI court refused the claimants permission to serve the second defendant out of the jurisdiction on the basis that there was no real issue between the claimants on their rectification claim since they were not shareholders in the company. The Court of Appeal allowed the claimants' appeal. The Privy Council, in allowing the defendants' appeal, held that proceedings for rectification could only be brought where a claimant had a right to registration by virtue of a valid transfer of legal title, and not merely a prospective claim against the company dependant on the conversion of an equitable right to a legal title by an order for specific performance of a contract.
Company – Shares. The claimants brought proceedings in the British Virgin Islands (BVI) against the second defendant for breach of a contract to procure the issue of shares in the first defendant company to them and against the company for rectification of its share register to show the claimants as shareholders. The BVI court refused the claimants permission to serve the second defendant out of the jurisdiction on the basis that there was no real issue between the claimants on their rectification claim since they were not shareholders in the company. The Court of Appeal allowed the claimants' appeal. The Privy Council, in allowing the defendants' appeal, held that proceedings for rectification could only be brought where a claimant had a right to registration by virtue of a valid transfer of legal title, and not merely a prospective claim against the company dependant on the conversion of an equitable right to a legal title by an order for specific performance of a contract.
The new Bar Council earnings report presents a collective challenge for the self-employed Bar, remote hearings are changing and Bar Conference is back next month
Launch of the Institute of Neurotechnology and Law
Paul Magrath of ICLR recalls the chequered history of law reporting prior to the 1865 establishment of a Council of Law Reporting
Leading drug, alcohol and DNA testing laboratory, AlphaBiolabs, has made a £500 donation to North West charity Child Concern as part of its Giving Back campaign
Gail Evans, Technical Trainer at AlphaBiolabs, examines the latest trends in illicit drug use as seen in the laboratory, from designer drugs to ‘unexpected’ substances in a donor’s sample
Louise Crush explores the value you can measure in monetary terms alongside the many non-tangible benefits to working with a financial adviser
By Professor Jo Delahunty KC, Kate Brunner KC and Dr Ann Olivarius KC (Hon) OBE
The ‘non-party political’ employment silk advising Labour talks to Stephanie Hayward about employer failure to tackle workplace sexual harassment and the urgent need to reinvent whistleblowing culture
From Parliamentary standards to barrister standards – Kathryn Stone OBE, Chair of the Bar’s regulator, talks to Anthony Inglese CB about roots, respect and reviews
Jessica Foster reviews State Trials and Error – fundraising and showcasing the musical and theatrical talent within the legal profession
Alex Goodman KC on why our electoral laws need an urgent upgrade – they were not designed to address the corruption of popular opinion by AI and deepfakes