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Companies – Shareholders – Unfair prejudice. Court of Session: In an application under s 996 the Companies Act 2006 in which minority shareholders sought an order for the purchase of their shares, alleging that the company's affairs had been conducted in manner unfairly prejudicial to their interests, the court held that the company could not properly be characterised as a quasi‑partnership, that conduct unfairly prejudicial to the petitioners' interests had been proved in some respects, although not in others, and that it was fair and reasonable to make an order for the purchase of the petitioners' shares at the lower of 75% of fair value and the subscription or par value paid for them.
Companies – Shareholders – Unfair prejudice. Court of Session: In an application under s 996 the Companies Act 2006 in which minority shareholders sought an order for the purchase of their shares, alleging that the company's affairs had been conducted in manner unfairly prejudicial to their interests, the court held that the company could not properly be characterised as a quasi‑partnership, that conduct unfairly prejudicial to the petitioners' interests had been proved in some respects, although not in others, and that it was fair and reasonable to make an order for the purchase of the petitioners' shares at the lower of 75% of fair value and the subscription or par value paid for them.
The Bar Council faces both opportunities and challenges on our key areas this year
Exclusive Q&A with Henry Dannell
Casey Randall of AlphaBiolabs discusses the benefits of Non-invasive Prenatal Paternity testing for the timely resolution of family disputes
By Louise Crush of Westgate Wealth Management
Have you considered being a barrister in the British Army? Here’s an insight into a career in Army Legal Services
Rachel Davenport, Co-founder and Director at AlphaBiolabs, discusses the role that drug, alcohol and DNA testing can play in non-court dispute resolution (NCDR)
Sir Nicholas Mostyn, former High Court judge, on starting a hit podcast with fellow ‘Parkies’ after the shock of his diagnosis
‘Hard work and commitment can open doors. I believe that I am proof of that,’ says Senior Treasury Counsel Louise Oakley. She tells Anthony Inglese CB about her journey from Wolverhampton to the Old Bailey
What's it like being a legal trainee at the Crown Prosecution Service? Amy describes what drew her to the role, the skills required and a typical day in the life
Barbara Mills KC wants to raise the profile of the family Bar. She also wants to improve wellbeing and enhance equality, diversity and inclusion in the profession. She talks to Joshua Rozenberg KC (hon) about her plans for the year ahead
The winning essay is ‘A fiction of defendant participation: Single Justice Procedure offences should be moved to the civil jurisdiction’ by Hal McNulty