Altering the articles to allow for compulsory transfer - dragging minority shareholders to a reluctant exit.
Hannigan, Brenda (2007) Altering the articles to allow for compulsory transfer - dragging minority shareholders to a reluctant exit. Journal of Business Law, 471-501.
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Considers whether majority shareholders may, by altering a company's articles of association, force the compulsory transfer of minority shares. Reviews the existing authorities on the alteration of articles and compulsory transfer, including the Chancery Division ruling in Constable v Executive Connections Ltd and the Australian High Court decision in Gambotto v WCP Ltd. Explains the nature of the contract made by shareholders, the bundle of rights shareholders acquire, and the default position of a shareholder's permanent investment until voluntary exit, unless overridden either by the parties or by statute.
|Keywords:||articles of association, minority shareholders, share transfers|
|Subjects:||H Social Sciences > HG Finance
K Law > K Law (General)
|Divisions:||University Structure - Pre August 2011 > School of Law
|Date Deposited:||22 Aug 2007|
|Last Modified:||02 Mar 2012 12:30|
|Contributors:||Hannigan, Brenda (Author)
|Contact Email Address:||B.M.Hannigan@soton.ac.uk|
|RDF:||RDF+N-Triples, RDF+N3, RDF+XML, Browse.|
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