Legal updates: March 2021

In this month's legal udates, Sophie Brookes, partner at law firm Gateley, assesses the meaning of fair value when company shareholders in Euro Accessories case dispute share values, serving notice on a change of address with Companies House results in court proceedings for Garuda over lease payment and plans to introduce new powers to intervene in transactions on national security grounds

Case: meaning of ‘fair value’

The High Court has considered the meaning of 'fair value' in a provision in articles of association which gave the majority shareholder an option to acquire the minority shareholder's shares at that price (Re Euro Accessories Ltd [2021] EWHC 47 (Ch)).

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