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This book is now Out of Print.
A new edition has been published, the details can be seen here:
Hollington on Shareholders' Rights 10th ed isbn 9780414117181

Hollington on Shareholders' Rights 9th ed: 1st Supplement


ISBN13: 9780414110939
New Edition ISBN: 9780414117181
Published: November 2022
Publisher: Sweet & Maxwell Ltd
Country of Publication: UK
Format: Paperback
Price: Out of print



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This first supplement to the ninth edition of Hollington on Shareholders’ Rights includes examination of the following recent case law:

The bargain between the shareholders

  • The discussion of obligations of good faith in shareholders’ agreements is updated in light of Compound Photonics Group Ltd [2022] EWCA Civ 1371

    S.994 Companies Act 2006 (unfair prejudice remedy)

  • The update takes account of several recent decisions including Court of Appeal in Loveridge v Loveridge (two decisions), Re The Hut Group Ltd, Taylor Goodchild Ltd v Taylor, Langer v McKeown, Re Kings Solutions Ltd, Bailey v Cherry Hill Skip Hire Ltd; Privy Council in Chu v Lau and Ming Siu Hung v J F Ming Inc.; and Jersey Court of Appeal in Financial Technology Ventures II (Q) LP v ETFS Capital Ltd and Tuckwell
  • Analysis of recent cases as respects the concept of ‘quasi-partnership’, including the relevance of a written shareholders’ agreement and no partnership/entire agreement clauses
  • Analysis of O’Neill v Phillips in the light of Scottish and New Zealand decisions
  • Analysis of the controversial question of when a minority discount should be applied, in the light of recent cases
  • Analysis of winding up on just and equitable basis in light of Re Klimvest plc

    Directors’ duties

  • further analysis of Eclairs Group Ltd v JKX Oil & Gas Plc and the ‘proper purpose’ rule under s. 171 of the 2006 Act, in light of recent cases

    Derivative claims

  • Court of Appeal decision in Boston Trust Co Ltd v Verhoef as to locus standi and procedure in common law derivative claims; and first instance decisions (McGaughey v Universities Superannuation Scheme Ltd, Prinse v Landmasters (Overseas) Ltd & Ors); and statutory derivative claims (Re Nexbell Ltd; Hughes v Burley) are referenced

    Rule against reflective loss

  • Primeo Fund (in official liquidation) v Bank of Bermuda (Cayman) Ltd, is discussed