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oppression remedyshareholder remedies
Campbell v Backoffice Investments Pty Ltd
Campbell v Backoffice Investments Pty Ltd [2009] HCA 25; (2009) 238 CLR 304
Key Principle
Whether conduct is oppressive, unfairly prejudicial or unfairly discriminatory under ss 232-233 of the Corporations Act is assessed objectively in light of commercial standards of fair dealing; the existence of oppression and the choice of remedy are evaluated by reference to the whole course of conduct, and relief is discretionary and fashioned to undo the unfairness.
Area of Law
Corporate
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