Archived Legal Articles from 2018

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November

Shareholders' Agreements - an ineffective right of first refusal

26/11/18

In the recent case of United Co Rusal Plc v Crispian Investments Ltd [2018] EWHC 2415 (Comm), the High Court held that a right of first refusal (ROFR) procedure in a shareholders' agreement had not been validly instigated. The case above involved three major shareholders of PJSC MMC Norilsk…

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September

Dragged along to a sale

04/09/18

In the case of Angus James Cunningham v Resourceful Land Limited and others , the High Court has upheld a drag-along provision in a Shareholders' Agreement and has ordered that the register of members does not require rectification. Background A group of individuals incorporated two…

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