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United Kingdom
s994buy out offer
Harborne Road Nominees Ltd v Karvaski
[2011] EWHC 2214 (Ch)
Key Principle
A reasonable offer to purchase a minority shareholder's shares (on O'Neill v Phillips principles) does not automatically justify striking out an unfair prejudice petition; whether the offer is fair, and the appropriate valuation date, are fact-sensitive matters generally for trial.
Area of Law
General
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