Joel Heap & Sam Pringle on how the Supreme Court ruling in Zedra provides clarity for corporate lawyers, minority shareholders & directors
- THG v Zedra resolves uncertainty around statutory limitation periods to unfair prejudice petitions under s 994 of the Companies Act 2006, and on the interpretation of ss 8 and 9 of the Limitation Act 1980.
The Supreme Court’s decision in THG Plc v Zedra Trust Company (Jersey) Ltd [2026] UKSC 6 marks a significant moment in the law on unfair prejudice petitions issued under s 994 of the Companies Act 2006 (CA 2006). The judgment resolves recently created uncertainty surrounding the application of statutory limitation periods to unfair prejudice petitions, and it offers useful clarification on the interpretation and breadth of ss 8 and 9 of the Limitation Act 1980 (LA 1980). The case raises important issues for minority shareholders, directors and practitioners involved in corporate governance and disputes.
Background to the appeal
The origins of the dispute lie in matters connected to The Hut Group, now known as THG Plc, in which Zedra Trust
