Company Law and Shareholders' Rights
Author(s): Rita Cheung
Publication Date: 11 August 2010
Company Law and Shareholders' Rights is the first specialist work on shareholders' rights from a Hong Kong legal perspective.
Company Law and Shareholders' Rights is the first specialist work on shareholders' rights from a Hong Kong legal perspective. It covers the common law actions by exceptions to the rule in Foss v Harbottle, the new statutory derivative action, and the twin statutory minority remedies of unfair prejudice and just and equitable winding-up. The law in these areas has developed significantly since 2004 with the clarification of shareholders' personal rights to enforce the section 23 contract and the creation of a new statutory derivative action as contained in the Companies Ordinance Part IVAA as well as the clarification of shareholders' personal rights to enforce section 23 contract.
"... Dr Cheung has admirably risen to the challenge in producing a lucid and comprehensive study of the law ... The work will become an indispensable tool for the litigator and scholar wishing to navigate around the pitfalls which this particular legal landscape presents in abundance." John Lowry, Professor of Commercial Law, Faculty of Laws, University College London