*/
Company – Take-over bid. The claimant companies had been beneficial shareholders in the defendant company. The directors of the defendant imposed restrictions on the claimants under Pt 22 of the Companies Act 2006 and pursuant to its articles of association. The claimants commenced derivative actions challenging those restrictions. The defendant's submission that the claimants had not had standing to bring the claims was dismissed by the Chancery Division. The claimants succeeded in part. The defendant and one of the claimants appealed. The Court of Appeal, Civil Division, allowed the defendant's appeal, holding that the defendant's power to impose the restrictions had not been used for an improper purpose. The claimant's submission that the judge had erred in finding that the disclosure notices issued under s 793 of the Act had been valid was dismissed, as was its submission that the judge had erred in finding that the defendant had had reasonable cause to believe that the claimant's disclosure had been false or materially incorrect.
Company – Take-over bid. The claimant companies had been beneficial shareholders in the defendant company. The directors of the defendant imposed restrictions on the claimants under Pt 22 of the Companies Act 2006 and pursuant to its articles of association. The claimants commenced derivative actions challenging those restrictions. The defendant's submission that the claimants had not had standing to bring the claims was dismissed by the Chancery Division. The claimants succeeded in part. The defendant and one of the claimants appealed. The Court of Appeal, Civil Division, allowed the defendant's appeal, holding that the defendant's power to impose the restrictions had not been used for an improper purpose. The claimant's submission that the judge had erred in finding that the disclosure notices issued under s 793 of the Act had been valid was dismissed, as was its submission that the judge had erred in finding that the defendant had had reasonable cause to believe that the claimant's disclosure had been false or materially incorrect.
The Bar Council will press for investment in justice at party conferences, the Chancellor’s Budget and Spending Review
Equip yourself for your new career at the Bar
Louise Crush of Westgate Wealth explores some key steps to take when starting out as a barrister in order to secure your financial future
Millicent Wild of 5 Essex Chambers describes her pupillage experience
Drug, alcohol and DNA testing laboratory AlphaBiolabs has made a £500 donation to Juno Women’s Aid in Nottingham as part of its Giving Back campaign
Casedo explains how to hit the ground running on your next case with a four-step plan to transform the way you work
If you are in/about to start pupillage, you will soon be facing the pupillage stage assessment in professional ethics. Jane Hutton and Patrick Ryan outline exam format and tactics
In a two-part opinion series, James Onalaja considers the International Criminal Court Prosecutor’s requests for arrest warrants in the controversial Israel-Palestine situation
To mark the fifth anniversary of the Bar Standards Board’s Race Equality Taskforce, Dee Sekar reflects on key milestones, the role of regulation in race equality, and calls for views on the upcoming equality rules consultation
Daniel Barnett serves up a host of summer shows
Britain needs to get over its shameful denial of racism, call it what it is and start to effectively deal with the problem, says Vithyah Chelvam
