The Rights of Shareholders & Unfair Prejudice Petitions

Introduction

This virtual classroom session focusses on unfair prejudice petitions as a principal mechanism by which the rights of minority shareholders may be articulated and protected. Recent case law will be covered, alongside a review of the wider rights enjoyed by minority shareholders under the general law and the Companies Act 2006.

In order to assist in anticipating potential 'counter-measures', the session will address strategic considerations not only from the perspective of a minority shareholder but also from the perspective of majority shareholders and the company. Emphasis will be given to the early identification of likely litigation outcomes and designing cost-effective means of securing appropriate relief, whether through litigation or through negotiation.

A number of these issues will be explored practically, through the use of a hypothetical set of facts.

As well as experienced corporate litigators, the session is likely to benefit corporate lawyers who may be called upon to advise against a background of actual - or anticipated - disagreement between shareholders.

What You Will Learn

This live and interactive session will cover the following:

• Unfair prejudice petitions - general review and update
• Identifying likely litigation outcomes and devising strategies accordingly
• Making effective use of the pre-action stage and the early stages of litigation
• The role of the company in shareholder litigation and the statutory derivative claim

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.