30 November 2015
Unfair prejudice petitions – lessons to be learnt and recent developments
When entering into a corporate relationship, few contemplate an acrimonious split some years down the line. Even with carefully documented agreements, including exit provisions, relationships can turn sour and expectations may not be met.
Whether a majority or a minority investor, it is important to understand the remedy of unfair prejudice both to ensure you can best guard against it and utilise it should the need arise.
This publication summarises the grounds for bringing an unfair prejudice petition and draws some lessons to be learnt from four recent cases this year.
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