Source: All England Reporter
Publisher Citation: [2005] All ER (D) 410 (Nov)
Neutral Citation: [2005] EWHC 2717 (Ch)
Court: Chancery Division

John Randall QC sitting as a deputy judge of the High Court

Representation Paul Paveley of Paul Paveley & Co, Southampton for the petitioner.
  The first respondent appeared in person.
  The second respondent appeared by its representative, the first respondent.
Judgment Dates: 30 November 2005


Company - Oppression - Petition - Prejudice - Whether respondent acting prejudicially towards petitioner - Whether respondent should be ordered to purchase shares - Fair market value for shares - Liability for company's guarantees.

The Case

Orders were made following the court's finding that the first respondent had acted prejudicially towards the minority shareholder (the petitioner) including an order that the first respondent purchase the petitioner's shares for a fair market value.

Practice Areas

If you are a LexisLibrary subscriber you can read more about this case here.