25 Apr, 2018
Equitable Constraints on Majority Voting - Is There Life in Allen yet?
Allen v Gold Reefs of West Africa  1 Ch 656 is often cited as authority for the proposition that members of a company must exercise their votes bona fide for the benefit of the company as a whole.
Katie Hooper will consider the recent Privy Council decision in Staray Capital Limited & Anor v Cha  UKPC 43 on the fetters on the power of a majority in a company to pass resolutions binding the minority, how this coincides with the Allen jurisdiction and how the protection this affords minority shareholders interacts with the unfair prejudice regime and the broad remedial discretion existing there-under.
Christopher Hare will discuss the expansion of the Allen jurisdiction into other areas, including syndicated loans, bond issues and schemes of arrangement and the extent to which it is nowadays possible to articulate a more satisfactory juridical basis for this jurisdiction than has hitherto been the case.
These Breakfast Bite sessions are usually over-subscribed so spaces may be limited and numbers restricted per firm.
Breakfast & refreshments will be provided.
Please email firstname.lastname@example.org to book a place.