United Kingdom s994quasi_partnershippre_emption_rights

Re Coroin Ltd

[2013] EWCA Civ 781

JurisdictionUnited Kingdom

CourtEngland and Wales Court of Appeal (Civil Division)

Year2013

StatusBinding authority

Key Principle

The Court of Appeal confirmed that quasi-partnership principles apply to larger companies where the shareholders' relationship is characterised by mutual trust and confidence; the test is the existence of equitable considerations beyond strict legal rights.

Area of Law

company

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