LEXLAW Solicitors & Barristers
In a significant July 2026 ruling, the Supreme Court has confirmed that a director’s duty to act in good faith under section 172 of the Companies Act contains an objective element. A director who covertly pursues his own preferred outcome while misleading the board breaches his fiduciary duty, even where his motives are sincere.
Bringing an unfair prejudice petition under section 994 of the Companies Act 2006 involves strict procedural requirements at every stage, from pre-action conduct and the correct form of presentation through to interim injunctions, split trials and share valuation. This article explains the full procedure, the key strategic decisions involved, and why instructing specialist solicitors from the outset is essential to achieving a fair outcome.
Unfair prejudice petitions under section 994 of the Companies Act 2006 offer minority shareholders a powerful legal route to challenge misconduct by those controlling a company. Whether you are being excluded from management, denied information, or having your shareholding diluted, the law provides real remedies. This guide explains everything you need to know about unfair prejudice claims and how LEXLAW’s specialist litigation lawyers can help you pursue or defend one.