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Brown v British Abrasive Wheel Co
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Brown v British Abrasive Wheel Co : ウィキペディア英語版
Brown v British Abrasive Wheel Co
''Brown v British Abrasive Wheel Co'' () 1 Ch 290 is a UK company law case, concerning the validity of an alteration to a company's constitution, which adversely affect the interests of one of the shareholders.
==Facts==
British Abrasive Wheel Co needed to raise further capital. The 98% majority were willing to provide this capital if they could buy up the 2% minority. Having failed to effect this buying agreement, the 98% purposed to change the articles of association to give them the power to purchase the shares of the minority. The proposed article provided for the compulsory purchase of the minority’s shares on certain terms. However, the majority were prepared to insert a provision regarding price which stated that the minority would get a price which the court thought was fair.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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