Dawson International Plc v Coats Patons Plc and Others
Jurisdiction | Scotland |
Date | 1990 |
Year | 1990 |
Court | Court of Session (Inner House - First Division) |
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3 cases
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Geoffrey Arbuthnott (Petitioner) v James Gordon Bonnyman and Others
...owed to the company and directors do not owe such duty to current shareholders with respect to disposal of their shares: Dawson International Plc v Coats Patons Plc [1990] BCLC 560. Accordingly, the role of directors in the context of a takeover offer is limited. The primary role of directo......
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Geoffrey Arbuthnott (Appellant/Petitioner) v James Gordon Bonnyman and Others
...of a takeover offer, it is not owed to the current individual shareholders with respect to the disposal of their shares: Dawson International Plc v Coats Patons Plc [1990] BCLC 560. The primary role of directors is to ensure that the offer and any competing offers are put to the members so......
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Robert Lee and Others (Claimant/Appellant) v Clarke Osborne and Others
...bought out. He owed a duty to the independent shareholders. That is made plain by the decisions in Dawson International v Coats Patons [1990] BCLC 560, at page 563, and Heron v Grade [1983] BCLC 244, at page 265. It was impossible for him fairly to discharge his duties to those independent ......