.12. ibid.
2. Robin Hollington Q.C., Minority Shareholders Rights (3rd edn, Sweet & Maxwell, London, 1999), p8. ibid., at 17-18.
3. Re Elgindata Ltd [1991] B.C.L.C. 959 at 994; Wayde v New South Wales Rugby League Ltd (1985) 61 A.L.R. 225 at 232. ibid., at 20.
4. Re Saul D Harrison & Sons Plc [1995] 1 B.C.L.C. 14 at 20. ibid.
5. L. L. H. Hoffmann, Foreword to First Edition, in Hollington, fn.2 above, at p.vii. ibid., at 31.
6. Report of the Committee on Company Law Amendment 1945 (UK), para.60, as quoted in Elizabeth Boros, Minority Shareholders'
Remedies (Clarendon Press, Oxford, 1995), pp.115-116.See, for example, Re Leeds United Holdings Plc [1996] 2 B.C.L.C. 545 and Re
Astec (BSR) Plc [1998] 2 B.C.L.C. 556.
7. The [English] Law Commission, Shareholder Remedies: Law Commission Consultation Paper 142 (226-425-21), paras 7.5-7.8.fn.33
above.
8. SCWS v Meyer [1959] A.C. 324, at 342; Boros, fn.6 above, at p.116; John Lowry, “Mapping the Boundaries of Unfair Prejudice”, in The
Reform of United Kingdom Company Law (John De Lacy ed., Cavendish Publishing Ltd, London, 2002), p.231.Boyle, fn.10 above, at
p.96.
9. fn.7 above, at para.7.8.fn.33 above, at 1098-1099.
10. ibid., at para.7.8(iii); A. J. Boyle, Minority Shareholders' Remedies (Cambridge University Press, Cambridge, 2002), p.90. ibid., at 1099.
11. fn.7 above, at para.7.12. ibid.
12. Thomas v H W Thomas Ltd [1984] 1 N.Z.L.R. 686 at 691. ibid., at 1100-1101.
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13. ibid., at 691.For an example of the difficulties that arise when the statement is interpreted in an overly literal manner, see Boyle's
argument, fn.10 (1st ser.) above, at pp.90, 98.
14. Charles Morison and Andrew Beck, Morison's Company and Securities Law (LexisNexis, Wellington, 1994-), para.37.1. ibid.
15. Ford et al., fn.1 above, at para.11.420; Professor Geoffrey Morse (ed.), Palmer's Company Law (Sweet & Maxwell, England, Release 85:
April 2002), para.8.904.4.fn.33 above, at 1101.
16. Boros, fn.6 above, at pp.136-137. ibid.
17. fn.4 above, at 17. ibid.
18. ibid. ibid.
19. Ford et al., fn.1 above, at para.11.450. ibid.
20. fn.12 above. ibid.
21. ibid., at 693. ibid.
22. Morse, fn.15 above, at para.8.904.5; Prentice, fn.1 above, at p.80.fn.12 (1st ser.) above.
23. Morse, fn.15 above, at para.8.904.4. It is clear from the judgment of Hoffmann L.J. (as he then was) in Re Saul D Harrison & Sons Plc,
fn.4 above, at 18, that even conduct which is unlawful will not necessarily be unfair. ibid. , at 693.
24. Prentice, fn.1 above, at p.80. ibid. , at 694.
25. fn.7 above, at para.9.33. ibid.
26. Christopher Riley, “Contracting out of Company Law: Section 459 of the Companies Act 1985 and the Role of the Courts” (1992) 55
Modern Law Review 782 at p.789. ibid. , at 695.
27. Brian Cheffins, “An Economic Analysis of the Oppression Remedy: Working towards a More Coherent Picture of Corporate Law” (1990)
40 University of Toronto Law Journal 775 at pp.800-802. ibid. , at 697.
28. fn.14 above, at para.37.1. ibid.
29. fn.7 above, at para.9.34.See, for example, Cotterell v Fidelity Life Assurance Co Ltd (1987) 3 N.Z.C.L.C. 100,054; Re Ashby Bergh & Co
Ltd (1988) 4 N.Z.C.L.C. 64,131; Holmes v Kiwi Co-operative Dairies Ltd (1994) 7 N.Z.C.L.C. 260,555; Holden v Architectural Finishers Ltd
(1996) 7 N.Z.C.L.C. 260,976; Seimer v Paragon Oil Systems Ltd (2001) 9 N.Z.C.L.C. 262,693.
30. fn.14 above,
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