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commercail law
Essay specific features
Written by:
Alicia P
Date added:
December 15, 2014
Level:
University
Grade:
A
No of pages / words:
8 / 1987
Was viewed:
5382 times
Rating of current essay:
Essay content:
The High Court held that the shareholder had the same rights as an unsecured creditor on the subsequent winding up of the company to lodge a claim against the company’s assets for the shares’ loss in value. In this case, the company’s alleged misconduct arose from a breach of its continuous disclosure obligations in failing to advise the ASX of changes in its operations that meant it could no longer operate as a going concern...
displayed 300 characters
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The High Court held that the shareholder had the same rights as an unsecured creditor on the subsequent winding up of the company to lodge a claim against the company’s assets for the shares’ loss in value. In this case, the company’s alleged misconduct arose from a breach of its continuous disclosure obligations in failing to advise the ASX of changes in its operations that meant it could no longer operate as a going concern...
displayed 300 characters
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