Wallersteiner v Moir (No 2)

Subject Matter

COMPANY — Shareholder — Rights against company or directors — Costs of action by minority shareholder — Derivative action on behalf of company — Whether plaintiff entitled to indemnity for costs — Procedure to be followed

[1975] QB 373; [1975] 2 WLR 389; [1975] 1 All ER 849, CA

INTEREST — Award of damages — Equitable jurisdiction — Breach of fiduciary duty — Director's profit at company's expense — Whether compound interest recoverable — Judgment in default of pleadings — Whether proceedings “tried” — Law Reform (Miscellaneous Provisions) Act 1934, s 3 (1)

[1975] QB 373; [1975] 2 WLR 389; [1975] 1 All ER 849, CA

LEGAL AID — Certificate — Eligibility — Minority shareholder's action on behalf of company — Whether plaintiff “person” entitled to legal aid — Legal Aid Act 1974, s 25

[1975] QB 373; [1975] 2 WLR 389; [1975] 1 All ER 849, CA

SOLICITOR — Costs — Contingency fee agreement — Minority shareholder's action — Whether contingency fee contrary to public policy

[1975] QB 373; [1975] 2 WLR 389; [1975] 1 All ER 849, CA

Commentary

Blackstones Criminal Practice 2025
Returning the Verdict - Power of Judge to Refuse to Accept Verdict D19.78

Blackstones Civil Practice 2023
Compound Interest 64.27

Costs Protection - Beddoe orders 44.15