Source: All England Reporter
Publisher Citation: [2002] All ER (D) 405 (Nov)
Neutral Citation: [2002] EWCA Civ 1740
Court: Court of Appeal, Civil Division

Auld, Clarke and Jonathan Parker LJJ

Representation Edward Bartley Jones QC (instructed by Wacks Caller, Manchester) for the petitioner.
  Grant Crawford (instructed by Irwin Mitchell) for the respondents.
Judgment Dates: 27 November 2002


Companies - Unfair prejudice to members - Quasi-partnership - Director severing connection for personal reasons - Director wishing to 'put' shareholding onto other members at full value - Effect of quasi-partnership in such circumstances - s 459.

The Case

Section459 of the did not imbue a quasi-partner, without something more, with a right to leave and be paid in full for shares, or to elevate something that was not a binding contract into an obligation to that effect.

Practice Areas

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