Aidan Monaghan v Gerard Gilsenan Euro Accessories Ltd

JurisdictionEngland & Wales
JudgeMr Justice Snowden
Judgment Date13 January 2021
Neutral Citation[2021] EWHC 47 (Ch)
CourtChancery Division
Docket NumberCase No: CR-2019-MAN-000019
Date13 January 2021
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4 cases
  • Ventura Capital GP Ltd (Acting for and on behalf of Ventura Capital LP Fund IV) v DnaNudge Ltd
    • United Kingdom
    • Chancery Division
    • 8 March 2023
    ...v Misland (Cyprus) Investments Ltd [2011] EWHC 3466 (Ch) Cosmetic Warriors v Gerrie [2017] EWCA Civ 324 Re Euro Accessories Ltd [2021] EWHC 47 (Ch) Holmes v Keyes [1959] Ch 199 Re John Smith's Tadcaster Brewery Co Ltd [1953] Ch 308 Thompson v Goblin Hill Hotels Ltd [2011] UKPC 8 White......
  • Invenio Business Solutions Ltd v Manish Goyal
    • United Kingdom
    • Chancery Division
    • 22 May 2024
    ...to Articles of Association. The Judge said this: “I ventured a summary of the resultant approach in Re Euro Accessories Limited [2021] EWHC 47 (Ch) at [ 34] in a passage that was adopted by the Judge and not disputed by the parties on this appeal, ‘The result is that the process of interpr......
  • DnaNudge Ltd v Ventura Capital GP Ltd (acting for and on behalf of Ventura Capital LP Fund IV and Ventura Capital MG1 LP Fund)
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 9 October 2023
    ...(Cyprus) Investments Ltd [2011] EWHC 3466 (Ch) at [63]. 51 I ventured a summary of the resultant approach in Euro Accessories Limited [2021] EWHC 47 (Ch) at [34] in a passage that was adopted by the Judge and not disputed by the parties on this appeal, “The result is that the process of i......
  • Syspal Capital Ltd v Mr Christopher John Truman
    • United Kingdom
    • Chancery Division
    • 24 June 2024
    ...in a somewhat special category compared to a private contract, as explained by Snowden J (as he then was) in Re Euro Accessories Ltd [2021] EWHC 47 (Ch) at [34]: “… the process of interpretation to arrive at the true meaning of a provision in a company's articles of association must concen......
5 firm's commentaries
  • Unfair Prejudice: Flexible But Unpredictable?
    • United Kingdom
    • Mondaq UK
    • 19 August 2021
    ...an inventor of a recycling shower and an investment company that later sought to 'kill off' the enterprise; Re Euro Accessories Ltd [2021] EWHC 47 (Ch) - a dispute over the approach to valuing an member's shareholding in a company manufacturing concrete-pouring accessories; Re Gallium Fund ......
  • Unfair Prejudice: Flexible But Unpredictable?
    • United Kingdom
    • Mondaq UK
    • 19 August 2021
    ...an inventor of a recycling shower and an investment company that later sought to 'kill off' the enterprise; Re Euro Accessories Ltd [2021] EWHC 47 (Ch) - a dispute over the approach to valuing an member's shareholding in a company manufacturing concrete-pouring accessories; Re Gallium Fund ......
  • Sale of shares for “fair value” under MOI (UK)
    • United Kingdom
    • LexBlog United Kingdom
    • 3 February 2021
    ...a value of the property under the particular circumstances where it was a minority and therefore discounted share. [Monaghan v Gilsenan [2021] EWHC47 (Ch)]...
  • English Court Determines Meaning Of 'Fair Value' In A Private Company Shareholder Buy-Out
    • United States
    • Mondaq United States
    • 2 March 2021
    ...shareholder is forced to sell its shares to the other shareholder(s), how is 'fair value' to be determined? In Re Euro Accessories Ltd [2021] EWHC 47 (Ch), the minority shareholder of a company (Mr Monaghan) brought an unfair prejudice claim to determine the 'fair value' to be paid to him b......
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