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United Kingdom Leading Case companyshareholder rightsreflective loss

Sevilleja v Marex Financial Ltd

[2020] UKSC 31
JurisdictionUnited Kingdom
Year2020
StatusBinding authority

Key Principle

Marex succeeded as a judgment creditor: the reflective-loss bar is confined to shareholders claiming diminution in share value or dividends; it does not catch creditors and is not a discretionary anti-double-recovery rule.

Area of Law

company

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