Just and equitable winding up: an underutilised remedy for aggrieved shareholders?
Just and equitable winding up remains a useful tool for aggrieved shareholders (Credit: Shutterstock.com/SantiS)
Harneys partner Peter Ferrer and associate Megan Elms consider why the remedy of just and equitable winding up has been used sparingly by aggrieved shareholders in the British Virgin Islands and England and Wales, but highlight recent decisions that show why it remains an important tool that may be used more liberally by the courts going forward.
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