Source: All England Reporter
Publisher Citation: [2008] All ER (D) 438 (Jun)
Neutral Citation: [2008] EWHC 1494 (Ch)
Court: Chancery Division, Birmingham District Registry
Judge:

Judge Purle QC Sitting as a High Court Judge

Representation Christopher Spratt and Tom Beasley (instructed by Chebsey & Co) for the claimants.
  Charles Machin (instructed by Read Law) for the defendants, other than the fifth defendant who did not appear and was not represented.
Judgment Dates: 27 June 2008

Catchwords

Company - Shareholder - Derivative action - First claimant company owned equally by second and third claimants - Second and third claimants also shareholders and directors of fifth defendant company - Second and third defendants also shareholders and directors of fifth defendant - Shareholders subsequently falling out with result that fifth defendant becoming deadlocked - Claimants bring derivative action on behalf of fifth defendant in respect of acts taken by defendants in relation to fifth defendant - Appropriate orders.

The Case

Company Shareholder. Chancery Division: The court ruled on various issues arising out of a derivative action brought by the claimants against the first to fourth defendants on behalf of the fifth defendant company.

Practice Areas

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