The Claimants, Steve Jones and Paul Cook (respectively, the band’s guitarist and drummer), were represented by Edmund Cullen QC, leading Edward Granger. The First Defendant, John Lydon (the band’s frontman, and professionally known as “Johnny Rotten”) was represented by Mark Cunningham QC (leading Amanda Michaels from Hogarth Chambers)....
As a general principle, a company may make “distributions” to shareholders out of profits available for the purpose, but not out of capital. The circumstances in which a company may properly make distributions to its shareholders are governed by two sets of rules: those in Part 23 of the Companies Act 2006,...
Summary The Court of Appeal considered two appeals concerning a decision on an unfair prejudice claim brought by a minority shareholder. Facts The court was required to determine two appeals in relation to an unfair prejudice claim.The claim was one of two claims which had been brought in joined...