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Dispute Resolution Law Blog

12 December 2024

Privilege series Part 5: Aabar v Glencore – A nail in the coffin of the Shareholder Principle

As alluded to in our recent article ‘Privilege in shareholder disputes – is change afoot?’, the eagerly awaited judgment of Aabar Holdings S.À.R.L v Glencore PLC has provided fresh judicial insight on the validity of the shareholder principle.

Although the shareholder principle has existed for over 135 years, remarkably the High Court has now concluded that the principle is ‘unjustifiable’ and ‘should no longer be applied’.

Katie Allard

5 December 2024

Privilege series part 4: It was a privilege – considerations in insolvency proceedings

Officeholders often come into possession of various categories of documents and information over which legal professional privilege (in one of its many guises) may be asserted.

28 November 2024

Privilege series part 3: The iniquity exception: “let the truth be told”

Legal professional privilege (LPP) is a fundamental principle of justice and exists to protect certain categories of communication between lawyers, their clients or a third party from being disclosed to the opposing party and the court. 

Leyla Maestri

21 November 2024

Privilege series part 2: Implied waiver in claims against solicitors

When solicitors are sued in their professional capacity, an important question arises as to whether documentation relevant to the claim remains subject to legal professional privilege.

Elliot Grosvenor-Taylor

14 November 2024

Privilege series part 1: Privilege in shareholder disputes – is change afoot?

For over a century, it has been a well-established rule that a company cannot claim legal privilege against its own shareholders (Woodhouse & Co. Ltd v Woodhouse). This grants shareholders the right to access legal advice obtained by the company concerning its affairs. However, there is a recognised exception to this rule: if the legal advice pertains to actual or anticipated litigation between the company and the shareholder, the company can claim privilege.

Katie Allard

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