Oxbridge Notes uses cookies for login, tax evidence, digital piracy prevention, business intelligence, and advertising purposes, as explained in our privacy policy.

Technical settings

Someone recently bought our

students are currently browsing our notes.

X

White v Bristol Aeroplane

[1953] 2 WLR 144

Case summary last updated at 23/01/2020 14:44 by the Oxbridge Notes in-house law team.

Judgement for the case White v Bristol Aeroplane

Articles of company had provision requiring special procedure to be followed where class rights were to be ‘affected’ in any manner. Company proposed to issue new preference shares ranking paripassuwith existing preference shares. Held:
 
·       Rights of existing preference shareholders were not affected by issue of paripassupreference shares.
·       This because in formal terms rights of preference shareholder would be the same
Ø  albeit that the voting power attached to each preference share would be less effective than before

White v Bristol Aeroplane crops up in following areas of law