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Barrett v Duckett

[1995] 1 BCLC 243; [1995] BCC 362
JurisdictionUnited Kingdom
CourtCourt of Appeal (Civil Division)
Year1994
StatusPersuasive authority

Key Principle

A shareholder may bring a derivative action only if acting bona fide for the company's benefit and where no other adequate remedy is available; the action will be barred where brought for an ulterior purpose or where an alternative remedy exists.

Area of Law

c

Related Cases

Statoil ASA v Louis Dreyfus Energy Services LP [2008] EWHC 2257 (Comm); [2008] 2 Lloyd's Rep 685; [2008] 2 CLC 520
Statoil ASA v Louis Dreyfus Energy Services LP (The Harriette N) [2008] EWHC 2257 (Comm); [2008] 2 Lloyd's Rep 685; [2009] 1 All ER (Comm) 1035
R v Rahman [2008] UKHL 45; [2009] 1 AC 129; [2008] 3 WLR 264; [2008] 4 All ER 351

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