In terms of company case law, when there is a dispute between shareholders, a company may be regarded as a ‘quasi-partnership’ so that on a dissolution a minority shareholder is entitled to a corresponding proportion of the company’s asset value, rather than a discounted minority value.

For a company to be regarded as a quasi-partnership, the decision in Ebrahimi v Westbourne Galleries Ltd [1972] SVC 262, held that one ‘or probably more’ of the following elements had to be present:

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.