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xvii | |
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xlvii | |
Abbreviations |
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lix | |
Introduction |
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Minority Shareholder Rights: Sources and Remedies |
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1 | (5) |
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6 | |
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The Common Law and the Companies Act 2006 |
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1 | (13) |
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Duty to Act within Powers |
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14 | (5) |
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Duty to Promote the Success of the Company |
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19 | (26) |
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Duty to Exercise Independent Judgement |
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45 | (5) |
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Duty to Exercise Reasonable Care, Skill, and Diligence |
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50 | (4) |
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Conflicts, Profits, Disclosure, and Consent |
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54 | (15) |
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The Duty to Avoid Conflicts of Interest |
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69 | (5) |
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The Duty Not to Accept Benefits from Third Parties |
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74 | (1) |
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The Duty to Declare an Interest in a Proposed Transaction or Arrangement |
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75 | (2) |
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Authorization and Ratification |
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77 | (3) |
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Other Duties and Liabilities |
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80 | |
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Personal Rights of the Shareholder and Rights of the Company |
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1 | (4) |
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Control of Litigation in the Name of the Company |
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5 | (5) |
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The Common Law Derivative Claim |
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10 | (10) |
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The Statutory Derivative Claim |
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20 | (18) |
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38 | (1) |
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39 | (4) |
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Parties to the Proceedings |
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43 | (4) |
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Commencement of Proceedings |
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47 | (4) |
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The Application for Permission to Continue |
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51 | (8) |
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59 | (11) |
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70 | (38) |
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108 | (4) |
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112 | (19) |
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The Role of the Company at the Permission Stage |
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131 | (18) |
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Legal Aid/Conditional Fee Agreements |
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149 | (2) |
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151 | (4) |
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Using Section 996(2)(c) to Bring a Derivative Claim |
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155 | (4) |
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The Relationship between a Personal Claim and a Derivative Claim |
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159 | (3) |
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The Use of the Statutory Derivative Claim |
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162 | (5) |
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Companies in Receivership or Liquidation |
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167 | (5) |
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172 | (9) |
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Multiple Derivative Claims |
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181 | |
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Nature of Personal Claims |
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1 | (3) |
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4 | (23) |
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Objections to Alterations to the Articles |
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27 | (26) |
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Enforcement of Directors' Duties |
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53 | (11) |
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64 | (1) |
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65 | (14) |
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79 | (1) |
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80 | (4) |
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Derivative Claims and Personal Claims |
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84 | (1) |
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The No Reflective Loss Principle |
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85 | (18) |
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Summary of the No Reflective Loss Principle |
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103 | (1) |
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Basis and Operation of the No Reflective Loss Principle |
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104 | (7) |
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Applicability of the No Reflective Loss Principle |
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111 | (42) |
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153 | (2) |
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Pre-Trial Application of the No Reflective Loss Principle |
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155 | (8) |
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163 | (8) |
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Limits to the No Reflective Loss Principle |
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171 | (55) |
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226 | |
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4 Rights Conferred on Shareholders by the Companies Act 2006 |
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2 | (19) |
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21 | (26) |
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Inspection of Registers and Documents |
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47 | (16) |
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Rectification of the Register of Members |
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63 | (29) |
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The `Squeeze-out' and `Sell-out' Provisions of CA 2006, Part 28 |
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92 | (33) |
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125 | |
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5 Just and Equitable Winding Up |
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1 | (1) |
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2 | (8) |
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When may Contributories Petition? |
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10 | (14) |
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24 | (9) |
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The Relationship between `Just and Equitable Winding Up' and `Unfair Prejudice |
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33 | (7) |
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Cases where the Remedy is Available |
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40 | (20) |
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Exclusion of the Just and Equitable Regime |
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60 | (2) |
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62 | (3) |
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Circumstances in which a Winding Up Will Not be Granted |
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65 | (4) |
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The Existence of an Alternative Remedy |
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69 | (20) |
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89 | (4) |
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93 | |
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6 Unfair Prejudice: The Statutory Remedy |
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Introduction: The Statutory Provisions |
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1 | (2) |
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The Meaning of `Member': Who may Petition |
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3 | (16) |
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The Meaning of `Company': Organizations in Respect of which the Remedy may be Granted |
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19 | (2) |
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21 | (32) |
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The Occurrence of the Complaints Made in the Petition |
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53 | (8) |
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The Meaning of `Interests' |
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61 | (9) |
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The Meaning of `Unfairly Prejudicial' |
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70 | (53) |
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Equitable Considerations and Third Parties |
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123 | (4) |
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Unfair Prejudice: Public Companies |
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127 | (8) |
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Objective Nature of Conduct |
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135 | (2) |
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`No-fault Divorce' and Deadlock |
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137 | (6) |
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Examples of Unfairly Prejudicial Conduct |
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143 | (103) |
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The Reladonship of Derivative Claims to Section 994 |
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246 | (21) |
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The Operation of Compulsory Purchase Provisions |
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267 | (14) |
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The Effect on the Petition of the Petitioner's Conduct |
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281 | (9) |
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290 | |
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7 Unfair Prejudice: Remedies and Valuation |
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Introduction: The Statutoiy Basis |
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1 | (19) |
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20 | (30) |
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Valuation: Legal, Accounting, and Practical Issues |
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50 | |
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8 Companies Act 2006, Section 994 Petitions: Procedure |
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Letter/Offer before Action |
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1 | (5) |
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Disclosure before Presentation of Petition |
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6 | (6) |
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12 | (6) |
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18 | (10) |
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Presentation of the Petition |
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28 | (2) |
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Procedure up to the First Hearing |
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30 | (4) |
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Directions for the Further Conduct of the Petition |
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34 | (2) |
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36 | (1) |
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37 | (15) |
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Amendment of Petition and Statements of Case |
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52 | (5) |
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Counterclaims and Other Additional Claims |
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57 | (12) |
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Applications for Interim Relief and Summary Judgment |
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69 | (25) |
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94 | (12) |
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106 | (6) |
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The Striking Out of Claims which are Misconceived, Hopeless, or Inappropriate in Substance |
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112 | (17) |
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Delay and Other Procedural Default |
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129 | (27) |
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Offers for the Purchase of the Petitioner's Shares |
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156 | (25) |
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181 | (4) |
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185 | (4) |
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Funding of the Costs of the Proceedings |
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189 | (24) |
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213 | |
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1 | (1) |
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Winding Up on the Just and Equitable Ground |
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2 | (59) |
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61 | (26) |
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87 | (1) |
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88 | (507) |
Appendix: Forms and Precedents |
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595 | (48) |
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Index |
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643 | |