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August 23, 2012

Prestigic (Wisley) Nominees Limited Company v JTC Management Ltd and 13 Others [2012] JRC 097 Royal Court of Jersey

Areas of Law: Commercial Dispute Resolution

Introduction

Unfair prejudice petition under Article 141 of the Companies (Jersey) Law 1991, challenging several large payments totalling c. £1.5m in the face of a series of special resolutions by the majority of shareholders to ratify the payments and oppose the application.

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