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17 April 2015 / Simon Duncan
Issue: 7648 / Categories: Features
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Book review: Minority shareholders: Law, Practice, and Procedure

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"This book is an excellent guide to the remedies available to minority shareholders"

Authors: Victor Joffe QC, David Drake, Giles Richardson, Daniel Lightman, Timothy Collingwood
Publisher: OUP
ISBN: 9780199687978
Price: £215

This is an excellent guide to what is undoubtedly both a highly technical and broad jurisdiction.

The authors, all practising barristers, set out the contents of the book’s chapters each described by way of the type of claim or the nature of the relief sought, with precision. The material is accessible and up-to-date and supported by authority at every turn.

Key chapters

The first chapter reminds the reader of what a company director’s duties are, and although company law books traditionally cover this topic, it is helpful to start in this way because discussion moves on to personal claims and the relevance of a director’s breach of duty more generally in other claims for relief. It is useful to consider how the conduct complained of might best be remedied at an early stage.

There is useful discussion of both the statutory derivative claim and personal claims. The latter are

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