Description: This book is a comprehensive work of reference on minority shareholders' remedies in England and Australia. It deals with the history of each remedy and indicates future trends in the law. Unlike other texts in this field it contains information essential to practitioners advising on the formation of a company, on how to prevent common problems arising by appropriate drafting of the corporate constitution and shareholder's agreement. It also analyses the development of the statutory remedy against oppressive or unfairly prejudicial conduct and its relationship with the rule in Foss v. Harbottle and the winding-up remedy, within a practical structure which applies legal principles to specific shareholder complaints. Summaries and tables of contents at the beginning of each chapter provide the necessary overview and context for readers wishing to focus on specific areas. Also unique is the coverage of activism by institutional shareholders and the influence on corporate governance of the Cadbury and Bosch Committees. Much useful information on the activities of institutional shareholders was obtained during interviews and correspondence with the organizations involved. A separate chapter compares the methods by which the minorities' shares can be compulsorily acquired, and provides and invaluable resource to those advising on takeovers.

Please Wait