Favorable Settlement in Long-Running High Court Case Involving Shareholder Dispute
Represented the minority shareholder of a sports and media consultancy in a Section 994 claim against a total of nine individual and corporate respondents, and in an application for injunction to prevent the individual respondents from using company money to pay their legal costs in defence of the petition. The High Court granted the injunction, citing the well-recognised principle that a company’s money should not be spent on disputes between shareholders. The respondents’ defence strategy included counterclaims and claims in Germany, but ultimately they settled.
Obtained Successful Injunctions in Ongoing Unfair Prejudice Proceedings
Advised minority shareholder in obtaining injunctions in matters involving wrongful exclusion from business partnership.