Articles & Commentary
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The Commercial Realities of Section 151 of the Companies Act 1985 and Contractual Illegality
In this article Andrew Bowen examines the prohibition against a company giving financial assistance in relation to the acquisition of its own shares following the Court of Appeal decision in the case of Anglo Petroleum Ltd v TFB (Mortgages) Ltd [2008]. This article originally appeared in W. Greens Business Law Bulletin and is reproduced here with their kind permission.
