By MIchael Ottley
The Briefcase sequence is designed in particular with the time-pressed scholar in brain. It presents concise case summaries inside every one topic sector of an undergraduate legislation measure, observed by way of correct laws. A convenient reference instrument, the ebook assists the reader to devote the content material of every topic to reminiscence. This name covers the 4 major components of corporation legislations: the structure, formation and character of an organization; company governance; company finance; and insolvency and corporate fees. the second one variation has been up-to-date to incorporate contemporary very important situations, together with the home of Lords selection in Johnson v Gore wooden - (minority shareholder motion) Phillips v Brewin Dolphin Bell Lawrie Ltd - (transactions at an undervalue) O'Neill v Phillips - (unfair prejudicial behavior) Williams v ordinary lifestyles wellbeing and fitness meals Ltd - (liability in negligence) the Privy Council selection in Agnew v Commissioner of Inland profit - (company charges).
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Extra resources for Briefcase on Company Law (Briefcase Series)
3 Duties of promoters Twycross v Grant (1877) The plaintiff sued the defendants in damages for breach of the statutory prospectus disclosure requirements then in force. Held The defendants were liable for damages. Cockburn CJ opined on what constitutes a promoter: ‘A promoter ... ’ As to when one ceases to be a promoter, that is always a question of fact and is not necessarily the same time as when the board of directors are appointed. The functions of a promoter vis à vis the formation of a company may in fact continue for some time after the company’s directors have taken up the reins of governance.
The managing director of the appellant company was in full control of the management of the ship. Held Because of the position he enjoyed, the acts of the managing director in managing the ship could be seen as the acts of the company. The appellant company was responsible for his acts and defaults and so the company could not escape liability by relying on the statutory defence. Tesco Supermarkets Ltd v Nattrass (1972) HL The appellant company was charged with an offence under the trade descriptions legislation of displaying inaccurate price information in one of its stores.
He owned 100 shares in the defendant company at the time of his death. His widow applied to court for a declaration that, on the true construction of the defendant company’s articles of association, she was entitled to be registered as the owner of these 100 shares and she sought rectiﬁcation of the company’s register of members to that effect.
Briefcase on Company Law (Briefcase Series) by MIchael Ottley