The second edition of this important work provides an invaluable reference guide for legal practitioners advising on matters relating to company shareholders.
Fully revised and updated, it addresses the major legal developments since the first edition, including key cases in relation to the expropriation of minority shareholders such as Charterhouse Capital Ltd, re Coroin, and Assenagon Asset Management SA v Irish Bank Resolution Corp Ltd. There is also discussion of cases relating to the commencement of derivative proceedings such as Kleanthous v Paphitis. Developments relating to creditors' and members' schemes are also covered, and the limitations of contractual control are considered throughout.
New chapters have been added on nominee directors and offshore jurisdictions. The chapter on responding to derivative claims has been extensively updated to take account of recent cases which consider the statutory procedure for commencing derivative proceedings under the Companies Act 2006.
The Law of Majority Shareholder Power continues to be the go-to work for company lawyers and majority shareholders.