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Re 36 Bourne Street Ltd, Brierley v Howe: A clear illustration of the test for unfair prejudice claims

Under section 994 of the Companies Act 2006 ("CA 2006"), a member of a company may apply to the court for relief by way of petition if they are or have been unfairly prejudiced as a result of an act or omission of the company or the way in which the company's affairs are being or have been conducted. A section 994 petition is the primary procedural tool that minority shareholders can use to seek relief if they are being unfairly prejudiced by the conduct of a majority shareholder or a group of shareholders who are acting as a majority.

Arbitration Act 2025 receives Royal Assent

The long-awaited Arbitration Act 2025 was signed into law on Monday 24 February 2025.  The Act makes a number of targeted improvements to the Arbitration Act 1996, which remains the legal framework for arbitration in this jurisdiction. Its main provisions will enter into force on a date yet to be determined, although the government has confirmed that the new Act "will be commenced through regulations as soon as practicable".

Simplification or Deregulation? The EU's Sustainability Omnibus Explained

Three months after the European Commission announced a "simplification revolution", and after six weeks of intense speculation, rumours and leaks, we finally have the official texts of the sustainability "Omnibus" package.  It is now clear that there will be significant changes to EU sustainability regulation.  However, since this package needs approval from the co-legislators, it is unlikely to be the final word. Opponents of the Omnibus have pointed out that what was billed as simplification has turned into significant deregulation – although the European Commission is not labelling it that way.

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