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Meridian Global Funds Management Asia Ltd v Securities Commission : ウィキペディア英語版 | Meridian Global Funds Management Asia Ltd v Securities Commission
''Meridian Global Funds Management Asia Ltd v Securities Commission'' () (UKPC 5 ) is a New Zealand company law case, also relevant for UK company law, decided by the Privy Council. The common-law principles will have influence in jurisdictions with similar laws. ==Facts== Meridian was part of a syndicate bidding to take over NZ company, Euro National Corp Ltd. Mr Koo and Mr Ng, working for Meridian, bought 49% of Euro’s shares. But Meridian failed to disclose to the Securities Commission of New Zealand that they had become a ‘substantial security holder’ of over 5% because Koo and Ng wanted to hide the transaction from their superiors. The Commission imposed fines against Koo, Ng and the Meridian. The company argued it was not liable because it had not known about it. Heron J held Meridian knew it was a substantial property holder, because as employees the knowledge of Koo and Ng was attributable to the company. The NZ Court of Appeal held that Koo’s knowledge should be attributable because he was the ‘directing mind and will’ of the company. Meridian argued that was only the board, not Koo.
抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Meridian Global Funds Management Asia Ltd v Securities Commission」の詳細全文を読む
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