Read the full judgment text of HCA 3291/2003 on BabelCite. This High Court CFI judgment was delivered on 4 April 2007.
1. This is a double derivative action in which minority shareholders sue majority shareholders and other relevant parties in relation to certain steps taken by majority shareholders in a number of complex commercial transactions which are alleged to be to the ultimate disadvantage of the company, and consequently the minority shareholders, and the ultimate benefit of the majority shareholders, the first and second defendants.
Cites 3 cases