Sentences with phrase «eclairs group»
James Morgan reviews the recent Supreme Court decision in Eclairs Group Plc v JKX Oil & Gas plc [2015] UKSC...
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Eclairs Group Limited v JKX Oil & Gas Plc & Ors [2014] 1 BCLC 202 (Mann J. — Chancery Division); [2014] 2 BCLC 164 (Court of Appeal); [2016] 1 BCLC 1 (Supreme Court) Questions whether a power in articles of association to impose voting and transfer restrictions in relation to shares had arisen and, if so, whether it was exercised for the proper purpose.
JKX Oil & Gas Plc v Eclairs Group Ltd [2015] UKSC 71 Acted for successful party in relation to the leading Supreme Court judgment on whether the proper purpose test for the exercise of directors» duties applies to the operation of Part 22 of the Companies Act 2006 and disenfranchisement provisions in a public company's articles of association.