Are individual shareholders ‘transferors' for the purposes of the UK's transfer of assets abroad regime?

To what extent can an aggrieved shareholder seek remedies for a company in an unfair prejudice claim?

Companies in crisis are often tempted to sell, charge, or otherwise dispose of assets so as to put them beyond the reach of creditors.

‘Unfair prejudice' is the legal term typically used to describe circumstances where a company's directors/majority shareholders abuse their powers to the detriment of minority shareholders.

It is for the board of directors to decide whether to take into account climate change risks when exercising their decision-making duties, not for the court to require it, a ruling has confirmed.

Recent Bahamian companies’ law reform that took effect during 2012 introduced the shadow director concept.

To recap, the ICON is intended to be an alternative to a traditional company, unit trust or exempted limited partnership vehicle for use in relation to investment funds.