Shareholders’ Rights & Remedies in ROI - The Latest Developments - Learn Live

Introduction

Oppression proceedings are a crucial protection for shareholders in companies to protect their rights in the company and to ensure that the company and the other shareholders do not act inappropriately against them.

This live and interactive session will provide you with a detailed insight into the rights and remedies for minority shareholders in Irish companies under the Shareholder Oppression provisions in section 212 of the Companies Act 2014.

What You Will Learn

This live and interactive session will cover the following:

• The nature of Oppression and the Disregard of Members’ Interests in the Company
• The test for Oppression
• Isolated acts of Oppression
• Fraudulent and Unlawful Transaction as Oppression
• Oppressive management of the Company
• Exclusion of the Member from the Management of the Company
• Non-consultation with the Members
• Technical Oppression
• Disregarding of Members’ Interests in the Company
• Meaning of ‘affairs of the company’ and ‘powers of directors’
• Oppression in Quasi-partnership companies and ‘legitimate expectations’ of Members
• Abuse of process and inordinate delay in prosecuting the petition for Oppression
• In camera applications for Oppression
• Remedies for Oppression
• Costs of Oppression applications
• The implications of the key litigation case involving the Web Summit and Mascarenhas -v-Karim and another [2022]
• The Rule in Foss -v- Harbottle and the exclusions thereto for members of the Company

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.