Re Elgindata [1991] BCLC 959
Country:
United Kingdom
Reviewed By Oxbridge Law Team
Updated 2024-01-04 07:12:47 UTC
Warner J
-
Is no unfair prejudice to shareholder where those in control of company are merely NEGLIGENT
Unless the negligent misconduct amounts to breach of director’s duty of care and skill
Claimant cannot sue where management of company simply turns out to be poor
Something more is required.
RELATED CASES
Any comments or edits about this case?
Get in touch Similar cases
Re Noble and Sons (Clothing) Ltd
Was breakdown in relations amongst members of a company. Claimant alleged this was due to conduct of those running company. Defendant’s behaviour did not constitute unfair prejudice. However breakdo...
Re Macro (Ipswich)
Claimant owned shares in two property-owning companies. These two companies had a property managing agent, the Thompsons. Claimant believed two companies had suffered losses due to Thompsons committi...
O’Neill v Philips
The concept of unfair prejudice within company affairs is a critical issue. This typically arises when a majority shareholder withdraws from negotiations with a petitioner regarding the equitable dis...
Re Purpoint Ltd
Company started to look like it was going into insolvency in 1986. Director left company in 1986, and company went bust in 1987. Defendant was sued for wrongful trading, alleged he was not liable for...
Commissioner for Customs & Excise v Barclays Bank
Plaintiffs sought an injunction to freeze X’s assets because X hadn’t paid tax owing. Defendant, the bank, received the order from the court but failed to freeze the assets. Plaintiffs brought a clai...
Ambitious and intelligent students
choose Oxbridge Notes.
- Customer Support
- Sellers FAQ
- Contact Us
- Privacy Policy
- Terms and Conditions
©2024 Oxbridge Notes. All right reserved.