In Re Martialone Ltd: Hennessey v. Griffin – HC – Company law, oppression of minority shareholder, dilution of shareholding

By: Mark Tottenham BL, on October 4, 2011

In Re Martialone Ltd: Hennessey v. Griffin [2011] IEHC 335 (High Court, Murphy J, 29 July 2011)

High Court (Murphy J) refuses reliefs sought by minority shareholder in company alleging oppression.

Company law - oppression of minority shareholder - s 205, Companies Act 1963 - alleged attempt to dilute petitioner's shareholding - exclusion from affairs of company - refusal of information concerning company affairs - exercise of share options by managing director - whether exercise of options intended to dilute petitioner's shareholding - whether misleading, false or deceptive statements given to auditor - whether directors acted in best interests of company as a whole.
Full Text on Court Services Website>

Key Cases Cited

    Oregum Gold Mining Company of India v. Roper [1892] A.C. 125

Filed In: Company law

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