The Law Reports (Chancery Division)
[2003] Ch 618
Court of Appeal
Giles
v
Rhind
[2002] EWCA Civ 1428
2002 July 18;
Oct 17
Oct 17
Waller, Chadwick and Keene LJJ
Company
— Shareholder
— Rights
— Action by company for damages for breach of covenant
— Breach of covenant resulting in failure of company's business
— Action discontinued by reason of company's impecuniosity
— Subsequent action by director shareholder in respect of loss of future remuneration and value of shareholding
— Whether losses merely reflective of company's losses
— Whether director shareholder's losses recoverable