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.

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.