Running a business - Buying/selling a company

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COMPANY LAW - 01.10.2024

Shareholders’ rights rely on register’s accuracy

During a family dispute, one shareholder wrongfully transferred the other shareholder’s shares to herself. She admitted that she didn’t actually own the shares, so why were her decisions as “sole” shareholder held to be valid?
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COMPANY LAW - 02.01.2024

How to prevent fraudulent misrepresentation

Shares in one security company were sold to another. Soon after, the purchaser refused to pay most of the consideration, claiming it had been duped into the transaction. What form did the alleged misrepresentation take, and what was the outcome in this case?
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COMPANY LAW - 29.11.2023

Company’s class rights variation determined by court

Companies must follow the right procedure when changing the rights attached to a class of their shares. A recent case illustrates the confusion that can arise if a bespoke procedure in the articles is not drafted carefully enough. What happened here, and how can other companies avoid this tricky situation?
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Running a business - Buying/selling a company

Most read Tips & Advice

COMPANY LAW - 01.10.2024

Shareholders’ rights rely on register’s accuracy

During a family dispute, one shareholder wrongfully transferred the other shareholder’s shares to herself. She admitted that she didn’t actually own the shares, so why were her decisions as “sole” shareholder held to be valid?
Read more

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