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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Description/Abstract
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.
| Item Type: | Article |
|---|---|
| ISSNs: | 0021-9460 (print) |
| 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 |
| Item ID: | 47559 |
| Date Deposited: | 22 Aug 2007 |
| Last Modified: | 02 Mar 2012 12:30 |
| Contributors: | Hannigan, Brenda (Author) |
| Date: | August 2007 |
| Status: | Published |
| Contact Email Address: | B.M.Hannigan@soton.ac.uk |
| URI: | http://eprints.soton.ac.uk/id/eprint/47559 |
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