Cases: Company Law

Abouraya v Sigmund & Ors [2014] EWHC 277

  Abouraya v Sigmund & Ors [2014] concerns the issue of a derivative claim against the defendant for the misappropriation of funds and diverting a good deal opportunity.   Keywords: Company law – Directors – Hong Kong company – Subsidiary – Misappropriation of funds – Derivative claims – Application refused Facts: In the case of…

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Adams v Cape Industries Plc [1990] Ch. 433

  Adams v Cape Industries Plc [1990] concerns responsibility of the UK based parent company and enforcement of a foreign judgment.   Keywords: Company law – Asbestos – Contamination – Texas court – Parent company – Subsidiary company – Enforcement of a foreign judgment – Jurisdiction – Court of Appeal – Appeal dismissed Facts: In…

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Allen v Gold Reefs of West Africa Ltd [1900] 1 Ch 656

  Allen v Gold Reefs of West Africa Ltd [1900] concerns the validity of the alteration made to the company’s articles of association.   Keywords: Company law – Articles of association – Alteration – Shareholder – Lien – Debts owing to the company – Court of Appeal Facts: In Allen v Gold Reefs of West…

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Antonio Gramsci Shipping v Stepanovs [2011] EWHC 333

  Antonio Gramsci Shipping v Stepanovs [2011] concerns the piercing of the corporate veil of sham companies.   Keywords: Company law – Shipping company – Charterparty – Vessels – Corporate personality – Sham companies – Piercing the corporate veil – Liability Facts: In the present case, the claimant shipowners held shares in Latvian Shipping Company…

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Attorney-General of Belize v Belize Telecom Ltd [2009] UKPC 10; [2009] 2 All ER 1127

  Attorney-General of Belize v Belize Telecom Ltd [2009] concerns the correct interpretation and implication of provision into a company’s articles of association   Keywords: Company law – Belize – Articles of association – Directors – Special shares – Appointment – Implied provision – Vacation of office Facts: In the case of Attorney-General of Belize…

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