Unfair prejudice claims
Unfair prejudice is one of the main remedies available to a minority shareholder, where the lack of voting power leaves the minority shareholder unable to block decisions.
Unfair prejudice is a complex legal area. If an unfair prejudice petition is brought against you or your company, it is essential to seek legal advice.
Alternatively, if you have a shareholding in a company and believe that the majority of the shareholders have acted in a way that is detrimental to that shareholding, then you should also seek advice as you may have a form of redress.
We have experience of dealing with claims of this nature including:
- exclusion from management in circumstances where there is a (legitimate) expectation of participation;
- award of excessive financial benefits by the majority shareholder to himself; &
- abuses of power and breaches of Articles of Association.
If you would like to discuss any aspect of the above or any other disputed matter, please contact us.
The service provided by Sintons LLP is of the highest quality.
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