Latest Assignments

Successfully representing a minority shareholder in a county court

We represented a minority shareholder in a so-called smelting dispute, where the court agreed with our argument that, in the case of a decision being made to increase share capital, the company must prove that there was a real need for such additional capital. If this cannot be done, the shareholder decision is contrary to good morals (effectively ‘pushing’ the decision) and is therefore void. The court emphasised that the decision to increase capital must be based on the needs of the company and not on the interests of the major shareholder.