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Peskin V Anderson
''Peskin v Anderson'' 000EWCA Civ 326is a UK company law case concerning Directors' duties in the United Kingdom">directors' duties under English law. Facts Former members of the Royal Automobile Club (RAC) sued the directors for failing to disclose that they had plans to demutualise. They claimed that they could have received £35,000 had they stayed in the club, but had given up their membership. They claimed that the directors had breached a duty owed to them as shareholders to inform them of the upcoming demutualisation plan. The RAC applied to have the claims struck out as having no prospect of success as directors did not owe a duty to individual shareholders. The RAC succeeded in having the claims struck out at first instance before Neuberger J, and the claimants appealed to the Court of Appeal. Judgment The Court of Appeal dismissed the appeal. The only judgment was given by Mummery LJ. Although there were several grounds in the appeal, the main proposition for w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Court Of Appeal Of England And Wales
The Court of Appeal (formally "His Majesty's Court of Appeal in England", commonly cited as "CA", "EWCA" or "CoA") is the highest court within the Courts of England and Wales#Senior Courts of England and Wales, Senior Courts of England and Wales, and second in the legal system of England and Wales only to the Supreme Court of the United Kingdom. The Court of Appeal was created in 1875, and today comprises 39 Lord Justices of Appeal and Lady Justices of Appeal. The court has two divisions, Criminal and Civil, led by the Lord Chief Justice of England and Wales, Lord Chief Justice and the Master of the Rolls, Master of the Rolls and Records of the Chancery of England respectively. Criminal appeals are heard in the Criminal Division, and civil appeals in the Civil Division. The Criminal Division hears appeals from the Crown Court, while the Civil Division hears appeals from the County Court (England and Wales), County Court, High Court of Justice and Family Court (England and Wales ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Derivative Action
A shareholder derivative suit is a lawsuit brought by a shareholder on behalf of a corporation against a third party. Often, the third party is an insider of the corporation, such as an executive officer or director. Shareholder derivative suits are unique because under traditional corporate law, management is responsible for bringing and defending the corporation against suit. Shareholder derivative suits permit a shareholder to initiate a suit when management has failed to do so. To enable a diversity of management approaches to risks and reinforce the most common forms of corporate rules with a high degree of permissible management power, many jurisdictions have implemented minimum thresholds and grounds (procedural and substantive) to such suits. Purpose and difficulties Under traditional corporate business law, shareholders are the owners of a corporation. However, they are not empowered to control the day-to-day operations of the corporation. Instead, shareholders appoint dire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom Company Case Law
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965-19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sweet & Maxwell
Sweet & Maxwell is a British publisher specialising in legal publications. It joined the Associated Book Publishers in 1969; ABP was purchased by the International Thomson Organization in 1987, and is now part of Thomson Reuters. Its British and Irish group includes W. Green in Scotland and Round Hall in Ireland. Sweet & Maxwell publishes Westlaw-UK, as well as the Lawtel, LocalawUK, Legal Hub, and DocDel on-line services. It also published many well-regarded looseleafs and books. Its flagship print products include the ''White Book'' (publishing the Civil Procedure Rules 1998, along with extensive commentary and additional material) and '' Archbold Criminal Pleading, Evidence and Practice'' (the leading practitioners' text for criminal lawyers in England & Wales and several other common law jurisdictions around the world). In 2003, its Asia division (with headquarters in Hong Kong, Malaysia, and Singapore) won the contract to supply law books to the Hong Kong government. Swe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coleman V Myers
Coleman may refer to: Places Antarctica * Coleman Glacier (Antarctica) * Coleman Peak, Ross Island Canada * Coleman, Alberta * Coleman, Ontario * Coleman, Prince Edward Island United Kingdom * Coleman, Leicester, England United States * Coleman, Arkansas * Coleman, California * Coleman, Georgia * Coleman, Florida * Coleman, Michigan * Coleman, Missouri * Coleman, Ohio * Coleman, Oklahoma * Coleman, Texas * Coleman, West Virginia * Coleman, Wisconsin * Coleman Branch, a stream in Tennessee * Coleman City, California * Coleman County, Texas * Coleman Glacier (Washington) * Coleman Township, Holt County, Nebraska Other uses * Coleman (surname) * Jamye Coleman Williams (1918–2022), American activist and writer * Coleman Company, a manufacturer of camping gear * Coleman Manufacturing Company a North Carolina textile mill * Coleman Medal, an Australian Football League award See also * Colman (other) Colmán or Colman is both a given name and a surname. Notable people w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peter Millett, Baron Millett
Peter Julian Millett, Baron Millett, , (23 June 1932 – 27 May 2021) was a British barrister and judge. He was a Lord of Appeal in Ordinary from 1998 to 2004. Biography Early life The son of Denis and Adele Millett, he was educated at Harrow School, London, and at Trinity Hall, Cambridge, where he received a Master of Arts in Classics and Law in 1954, graduating with a Double First. From 1955 to 1957 he served as a Flying Officer in the Royal Air Force. He was awarded an honorary fellowship by Queen Mary, University of London in 2012. Legal career Millett was called to the bar at Middle Temple in 1955. In 1959, he joined Lincoln's Inn, where he was appointed a bencher in 1980. From 1958 to 1986 he practised at the Chancery Bar and was examiner and lecturer in practical conveyancing at the Council of Legal Education from 1962 to 1976. Between 1967 and 1973, Millett was junior counsel at the Department of Trade and Industry in chancery matters, and between 1971 and 1975 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stein V Blake
is a decision of the House of Lords in relation to the effect of automatic set-off in bankruptcy, and the power of a bankruptcy trustee to assign rights in action after the operation of such set-off under English law. Issues The only judgment was given by Lord Hoffman. He commenced his speech by summarising the issues as follows: Section 323 provides as follows: :''(1) This section applies where before the commencement of the bankruptcy there have been mutual credits, mutual debts or other mutual dealings between the bankruptcy and any creditor of the bankrupt proving or claiming to prove for a bankruptcy debt.'' :''(2) An account shall be taken of what is due from each party to the other in respect of the mutual dealings and the sums due from one party shall be set off against the sums due from the other.'' :''(3) Sums due from the bankrupt to another party shall not be included in the account taken under subsection (2) if that other party had notice at the time they ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Percival V Wright
''Percival v Wright'' 9022 Ch 401 is a UK company law case concerning directors' duties, holding that directors only owe duties of loyalty to the company, and not to individual shareholders. This is now codified in the United Kingdom's Companies Act 2006, section 170. Facts Shareholders in Nixon's Navigation Co. wanted to sell their shares, and requested that the company's secretary find purchasers. Some directors of the company purchased the shares at £12.10s per share, which price was based upon independent valuation. After the sale, the shareholders discovered that before and during the negotiations for that sale, the board of directors had been involved in other negotiations to sell the entire company, which would have made those shares substantially more valuable had they come to fruition. The plaintiff sued, claiming breach of fiduciary duty, in that the shareholders should have been told of these negotiations. Judgment Swinfen Eady J held the directors owed duties to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simon Brown, Baron Brown Of Eaton-under-Heywood
Simon Denis Brown, Baron Brown of Eaton-under-Heywood, PC (born 9 April 1937) is a British barrister and former Law Lord and Justice of the Supreme Court of the United Kingdom, from 2009 to 2012. Early life The son of Denis Baer Brown and Edna Elizabeth Brown (''née'' Abrahams), Brown was born on 9 April 1937 into a middle class Jewish family. He was educated at Stowe School, an independent school in Stowe, Buckinghamshire. He undertook National Service in the Royal Artillery from 1955 to 1957. He was commissioned on 24 March 1956 as a second lieutenant. He was transferred to the Regular Army Reserves of Officers on 29 July 1957, thereby ending his active service. He was promoted to lieutenant on 7 January 1961. He graduated from Worcester College, Oxford, of which he was elected an honorary fellow in 1993. Legal career Brown was called to the bar at the Middle Temple in 1961, having been Harmsworth Scholar. From 1979 to 1984, he was a Recorder and First Junior Treasury Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Neuberger, Baron Neuberger Of Abbotsbury
David Edmond Neuberger, Baron Neuberger of Abbotsbury (; born 10 January 1948) is an English judge. He served as President of the Supreme Court of the United Kingdom from 2012 to 2017. He was a Lord of Appeal in Ordinary until the House of Lords' judicial functions were transferred to the new Supreme Court in 2009, at which point he became Master of the Rolls, the second most senior judge in England and Wales. Neuberger was appointed to the Supreme Court, as its President, in 2012. He now serves as a Non-Permanent Judge of the Hong Kong Court of Final Appeal and the Chair of the High-Level Panel of Legal Experts on Media Freedom. Early life Neuberger was born on 10 January 1948, the son of Albert Neuberger, Professor of Chemical Pathology at St Mary's Hospital, University of London, and his wife, Lilian. His uncle was the noted rabbi Herman N. Neuberger. All three of his brothers are or were professors: James Neuberger is Professor of Medicine at the University of Birmi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Automobile Club
The Royal Automobile Club is a British private social and athletic club. It has two clubhouses: one in London at 89 Pall Mall, and the other in the countryside at Woodcote Park, near Epsom in Surrey. Both provide accommodation and a range of dining and sporting facilities. The Royal Automobile Club has a wide range of members. It is best-known for establishing the roadside assistance service RAC Limited, though this is no longer owned by the club. History It was founded on 10 August 1897, with the name Automobile Club of Great Britain (which was later changed to Automobile Club of Great Britain and Ireland). The headquarters was originally in a block of flats at 4 Whitehall Court, before moving to 119 Piccadilly in 1902. In 1902, the organisation, together with the recently formed Association of Motor Manufactures and Traders, campaigned vigorously for the relaxation of speed limits, claiming that the 14 mph speed limit imposed by the Locomotives on Highways Act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
