Monday 21 June 2021

UK: England and Wales: unfair prejudice - a majority shareholder's petition and an order regulating the company's affairs

Judgment was delivered today by His Honour Judge Hodge, sitting as a judge of the High Court, in Macom GmbH v Bozeat & Ors [2021] EWHC 1661 (Ch). The case - a successful petition brought under sections 994-996 of the Companies Act 2006 (the unfair prejudice remedy) - is noted here because in two respects it is unusual: first, the petitioner was a majority shareholder; second, the relief provided was an order regulating the affairs of the company.

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