Thomas v Dawson

Company – Shares. The claimant appealed against the judge's grant of an option to acquire the defendant's single share in their quasi-partnership company for the sum of £55,000 in his claim for unfair prejudice. The Court of Appeal, Civil Division, in dismissing the appeal, held that the judge had not departed from his earlier order for the valuation of the share without any proper evidential basis or giving the parties a proper opportunity to respond. Further, his imaginative solution to the difficult problem of remedy facing him had been well within the broad scope of the statutory discretion afforded to him.

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