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Re Elgindata

[1991] BCLC 959

Case summary last updated at 23/01/2020 17:57 by the Oxbridge Notes in-house law team.

Judgement for the case Re Elgindata

Warner J
·       Is no unfair prejudice to shareholder where those in control of company are merely NEGLIGENT
Ø  Unless the negligent misconduct amounts to breach of director’s duty of care and skill
·       C cannot sue where management of company simply turns out to be poor
·       Something more is required.

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