United Kingdom unfair prejudiceremediesminority protection

Re The Hut Group Ltd

Zedra Trust Company (Jersey) Ltd v The Hut Group Ltd [2021] EWCA Civ 904

JurisdictionUnited Kingdom

CourtCourt of Appeal (Civil Division)

Year2021

StatusBinding authority

Key Principle

On a s.994 unfair-prejudice petition the court has a wide discretion as to remedy under s.996, which is not confined to a share buy-out and may in principle include relief directed at remedying loss suffered by the company itself; but a petitioner must establish prejudice to his interests as a member, and merely contingent prejudice that never materialised will not suffice.

Area of Law

General

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