86 results
Directors’ duties – To what extent is a person who has resigned as a director still subject to a duty to avoid conflicts of interest with his former company?
In Burnell v Trans-Tag Ltd [2021] EWHC 1457 (Ch), the High Court considered the scope of a director’s duty to avoid conflicts of interest under s 175 CA 2006 as it continues to apply to a former director by virtue of s 170(2) CA 2006. The issue arose in a counterclaim that was brought as part of a more...
Public Interest Winding Up – Is ‘lack of transparency’ a sufficient basis for the Secretary of State to seek to wind up a company?
In The Secretary of State for Business, Energy and Industrial Strategy v Celtic Consultancy & Enterprises Ltd [2021] EWHC 1240 (Ch), the High Court considered petitions seeking the winding up of three companies under s 124A Insolvency Act 1986. The court had to decide whether a company's alleged more...
Valuation of shareholdings in limited companies and other business interests
You can access videos of the recent seminars I delivered with Roger Isaacs on the "Valuation of shareholdings in private companies and other business interests: Part 2" here or at: http://commercialchambers.org/video/view/7 more...
Valuation of shareholdings in private companies and other business interests Part 1
You can access videos of the recent seminars I delivered with Roger Isaacs on the "Valuation of shareholdings in private companies and other business interests: Part 1" here or at http://commercialchambers.org/video/view/8 more...
7 Jul 2021 11:06
We are RecruitingIf you are a member of the Bar or a 3rd six pupil, seeking to leave the city hustle and bustle aside and relocate to practice in the scenic South West, we want to hear from you! Magdalen Chambers is one of the largest sets in the south west outside of Bristol with members excelling in a wide range more...
11 May 2021 11:12
**We are Recruiting**If you are a member of the Bar seeking to leave the city hustle and bustle aside and relocate to practice in the scenic South West, we want to hear from you! Magdalen Chambers is one of the largest sets in the south west outside of Bristol with members excelling in a wide range of areas of civil and more...
Commercial Agents
The video of the second of Andrew Marsden's recent seminars on commercial agency #commercialagent #commercialagency #commercialagent Regulations is available here: http://commercialchambers.org/video/view/6 more...
Commercial Agents
The video of the first of Andrew Marsden's seminars on Commercial Agency is now available here: http://commercialchambers.org/video/view/5 more...
IsZo Capital v Nam Tai; $170m allotment of shares set aside for improper purpose
IsZo Capital LP v Nam Tai Property Inc BVIHC (COM) 2020/0165 An Erskine Chambers team, comprising Martin Moore QC, Edward Davies QC and Ben Griffiths, together with Ogier counsel, Nick Burkill, succeeded in obtaining orders setting aside a $170 million allotment of shares in Nam Tai Property Inc. more...
Commercial Agents: Case and Statute Citator 2021
Andrew Marsden has published the latest edition of his Case and Statute Citator regarding Commercial Agents. Please feel free to download a copy here: http://commercialchambers.org/uploads/pdfs/CommercialAgents2020.pdf more...
Shareholder Protection From Unfairly Prejudicial Conduct: Case and Statute Citator 2021
Andrew Marsden has published the latest edition of his Case and Statute Citator regarding Shareholder Protection from Unfairly Prejudicial Conduct. Please feel free to download a copy here: http://commercialchambers.org/uploads/pdfs/ShareholderProtection2020.pdf more...
The liability of a litigation friend for costs: Glover v Barker in the Court of Appeal
On 21 August 2020 the Court of Appeal handed down judgment in Glover v Barker [2020] EWCA Civ 1112, overturning the decision of Morgan J. in Barker v Confiànce Ltd [2019] EWHC 1401 (Ch) and giving comprehensive guidance as to the circumstances in which a defendant’s litigation friend might be liable more...
Edward Davies QC considers the decision to put Lord Grade's media investment company into administration
In Re Gate Ventures plc [2020] EWHC 709 (Ch) the court considered a creditor’s application for an administration order over Gate Ventures plc (Gate Ventures). Gate Ventures is a media investment company. It was established with the backing of a number of figures who are well known in the British more...
A Guide to Directors Disqualification Proceedings in England and Wales
Company Directors are at risk of being disqualified under the Company Directors Disqualification Act 1986 from holding office following investigations which may take place if their company becomes insolvent or there is other alleged wrongdoing. This short guide is intended to help company directors more...
25 Sep 2019 10:16
Proportionality in litigation costs: Guidance from the Court of AppealClaire Acklam, a Senior Associate in Walker Morris’ Commercial Dispute Resolution Team, highlights a Court of Appeal case which offers important guidance on the application of the test for proportionality of litigation costs. Hot on the heels of the first High Court decision to deal with the more...
Shareholder Protection from Unfairly Prejudicial Conduct: Case and Statute Citator 2019
The latest edition of Andrew Marsden’s useful guide to the law relating to Shareholder Protection from Unfairly Prejudicial Conduct: Case and Statute Citator 2019: http://commercialchambers.org/uploads/pdfs/Shareholderprotection2019.pdf more...
17 Jul 2019 15:43
Creative remedies in unfair prejudice petitionsJust as there is an infinite variety of ways in which majority shareholders in a company can mistreat a minority shareholder, the court also has creativity at its disposal when determining the appropriate remedy. It is tempting to dismiss share valuation as the province of expert valuers. However, more...
17 Jul 2019 15:34
Where does the law stand now on discounts for minority holdings in non quasi-partnership companies?Introduction There has been little in the area of unfair prejudice petitions that has caused more controversy in recent years than whether successful petitioners, having established unfair prejudice against the wrongdoers, should see the price paid for their shares reduced, possibly almost to more...
17 Jul 2019 15:30
Share Valuation in Shareholder DisputesOverview When it comes to key issues in unfair prejudice petitions, there is little which is more important to petitioners and respondents alike than whether a buy out order is likely to be made by the court, and if so what price will be ordered to be paid for the shares. The issue of valuation, more...
17 Jul 2019 15:25
Not so common common law“The current system of awarding interest is muddled and out-of-date. It is difficult to justify to litigants, and gives the impression that the legal system is living in the past.” So wrote the Law Commission in 2004 (Law Com no. 287 at paragraph 1.15). The decision of the Court of Appeal in Al more...
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