Protecting a shareholder from unfair prejudice

Shareholders who may have previously been less happy with seeing their company build up its own assets to the detriment of paying dividends are more likely now to be grateful that the company’s financial director is able to reach for the life-jacket (in the form of a ‘fortress balance sheet’) to help the company weather the financial storm caused by the COVID-19 pandemic. Shareholder activism has, many commentators concur, been quieted by the pandemic, but that activism is quiescent, with a return to normality expected once ‘normality’ returns.

Sylvia Yendall, Senior Associate and Rick Munro, Partner in our litigation team, discuss this subject in an article for Global Banking and Finance Review.

The full article is available, here.