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Articles & Commentary from Jan 2013
08
Jan
2013

Reciprocal Unfair Prejudice and Valuation of Shares

Author: Andrew Bowen KC

In this article Andrew Bowen examines the case of DiGrado v D'Angelo (Re: Abbington Hotel Ltd), an unusual unfair prejudice dispute where equal shareholder parties alleged reciprocal unfair prejudice. The decision is of interest because of the way the judge relied on circumstantial evidence to decide which petitioner should be believed and because of his interpretation of the statutory remedy under s.994 of the Companies Act 2006. This article was first published in Green's Business Law Bulletin, Issue 120 (published October 2012) and is reproduced here with the kind permission of W. Green, The Law Publishers. more...

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