A shareholder obtains an order in unfair prejudice proceedings under which he is able to buy someone else’s shares. The company subsequently seeks relief against the person who was required to sell his shares in respect of matters which were relied on in support of the unfair prejudice petition. Can the defendant to that claim have it struck out as an abuse of process? On the facts of this case, Snowden J concluded that he should accede to a strike out application. That decision is now, however, challenged in this Court.
Lord Justice Newey
[2021] EWCA Civ 1135
Bailii
England and Wales
Updated: 25 July 2021; Ref: scu.666163