Quasi-partnerships, acquiescence, excessive remuneration and discounts on buy-outs: case law developments in the law relating to s.994

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Abstract

Reviews the range of issues involving the application of the Companies Act 2006 s.994 on unfairly prejudicial conduct that were addressed in Re AMT Coffee Ltd (Ch D) and Re Westshield Ltd (Ch D), including the nature of quasi-partnership relationships, questions of acquiescence, consent or delay, the payment of dividends, excessive director remuneration, and discounts involving the purchase of minority holdings.
Original languageEnglish
Pages (from-to)375-383
Number of pages8
JournalCompany Lawyer
Volume40
Issue number12
Publication statusPublished - 11 Nov 2019

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