The colliery had been nationalised at a time of very low interest rates. The court discussed the ‘reasonable expectations’ of preferential shareholders.
Judges:
Asquith LJ
Citations:
[1948] 2 All ER 593
Jurisdiction:
England and Wales
Cited by:
Cited – Winpar Holdings Ltd v Ransomes Plc CA 1-Jul-1999
The company had been given permission to cancel a share premium account. Changes in circumstances brought the matter back for reconsideration. . .
Lists of cited by and citing cases may be incomplete.
Company
Updated: 13 May 2022; Ref: scu.195956
