Company Law Essays Uk

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Thesis In Enviromental Economics - Company Law Essays Uk

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The exceptions to the Foss v Harbottle include a derivative action, under which minority shareholders are permitted to bring claims on behalf of the company itself.

This effectively laid ground for the emergency of remedies for minority shareholders in a company, which informed the Greenhalgh v Arderne Cinemas Ltd ruling.

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Lord Greene, in Greenhalgh v Arderne Cinemas Ltd held that there are exceptions to Foss v Harbottle, according to which the company is the claimant in the event wrongs are committed against it, Hicks & Goo (2008).