Altering the articles to allow for compulsory transfer: dragging minority shareholders to a reluctant exit
Considers whether majority shareholders may, by altering a company's articles of association, force the compulsory transfer of minority shares. Reviews the existing authorities on the alteration of articles and compulsory transfer, including the Chancery Division ruling in Constable v Executive...
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| Format: | Article |
| Language: | English |
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2007-08.
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| Online Access: | Get fulltext |
| LEADER | 00985 am a22001213u 4500 | ||
|---|---|---|---|
| 001 | 46228 | ||
| 042 | |a dc | ||
| 100 | 1 | 0 | |a Hannigan, Brenda |e author |
| 245 | 0 | 0 | |a Altering the articles to allow for compulsory transfer: dragging minority shareholders to a reluctant exit |
| 260 | |c 2007-08. | ||
| 856 | |z Get fulltext |u https://eprints.soton.ac.uk/46228/1/46228.pdf | ||
| 520 | |a Considers whether majority shareholders may, by altering a company's articles of association, force the compulsory transfer of minority shares. Reviews the existing authorities on the alteration of articles and compulsory transfer, including the Chancery Division ruling in Constable v Executive Connections Ltd and the Australian High Court decision in Gambotto v WCP Ltd. Explains the nature of the contract made by shareholders, the bundle of rights shareholders acquire, and the default position of a shareholder's permanent investment until voluntary exit, unless overridden either by the parties or by statute. | ||
| 655 | 7 | |a Article | |