Tag: Limitation

Section 994 Petitions, Companies Act 2016

Quick Guide: s.994 Companies Act Unfair Prejudice Petitions

English law Unfair Prejudice Petitions offer a remedy for minority shareholders facing oppression by the majority within a company. Where the prospect of winding-up proves undesirable, section 994(1) of the Companies Act 2006 provides an alternative avenue for seeking redress. At LEXLAW, our expert company law team specialises in navigating the complexities of shareholder disputes and unfair prejudice claims.

Post date 24 April 2024
Post author By Hamza Chaudhry
Post categories In Business and Property Courts, Civil Litigation, Civil Procedure Rules, CPR, High Court, Litigation, Unfair Prejudice, unfair prejudice petition, unfair prejudice petition, Winding-up Petitions
Tags Civil Procedure Rules, companies act 2006, CPR, Disclosure, fairness, Insolvency, Limitation, prejudicial, remedies, shareholder disputes, unfair prejudice, unfair prejudice claims, unfair prejudice petition, Winding up petitions

Companies Act 2006 Section 994 Petitions litigation solicitor shareholder london uk

Court of Appeal Decides s.994 Petitions Subject to Statutory Limitation Period

In a significant shift, the Court of Appeal determined that unfair prejudice petitions under section 994 of the Companies Act 2006 have a 12-year statutory limitation period, reversing previous beliefs and affecting future legal approaches to such claims. This ruling, THG Plc v Zedra Trust Company (Jersey) Ltd [2024] EWCA Civ 158, changes the legal landscape for minority shareholder disputes, requiring a reevaluation of existing strategies and the potential for earlier claims.

Post date 13 March 2024
Post author By Shumaim Rizvi
Post categories In Business and Property Courts, Civil Litigation, Court of Appeal, Insolvency, Litigation, Media, News, Unfair Relationship Claims
Tags Advice for Shareholders, Civil Litigation, companies act 2006, Company advice, Court of Appeal, Insolvency, Limitation, Limitation Act 1980, Litigation, shareholders

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Limitation in Litigation: Know your Limits

Once your legal dispute is time barred due to The Limitation Act 1980 then you cannot bring any claim at all.

Post date 25 July 2019
Post author By Sophia Hanif
Post categories In Banking Law, Civil Litigation, Fraud, Professional Negligence, Property Litigation
Tags Financial Services Litigation, Limitation, Litigation, Professional Negligence

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Quick Guide: s.994 Companies Act Unfair Prejudice Petitions

Court of Appeal Decides s.994 Petitions Subject to Statutory Limitation Period

Limitation in Litigation: Know your Limits

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When Stalled Litigation is an Abuse of the Proper Process of the Court

Cryptocurrency Litigation Success: Assessing Compensatory Damages in Lieu of an Injunction for Specific Performance

Case Study: £0.5m HMRC Winding-up Petition Defeated