Heron International Ltd v Lord Grade

JurisdictionEngland & Wales
Date1983
Year1983
CourtCourt of Appeal (Civil Division)
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41 cases
  • Alor Janggus Soon Seng Trading Sdn Bhd v Sey Hoe Sdn Bhd
    • Malaysia
    • Supreme Court (Malaysia)
    • Invalid date
  • Bank Mellat v HM Treasury
    • United Kingdom
    • Queen's Bench Division (Commercial Court)
    • 6 May 2015
    ... ... As Lord Sumption put it in the Supreme Court in Bank Mellat v HM Treasury (No. 2) ... Before the direction, the Bank had a substantial international business, much of it international trade finance transacted through ... Ltd (No 2) [1982] Ch 204 particularly at pp 222–223, Heron International , particularly at pp 261–262, George Fischer , ... ...
  • Geoffrey Arbuthnott (Petitioner) v James Gordon Bonnyman and Others
    • United Kingdom
    • Chancery Division
    • 8 May 2014
    ...offers are put to the members so that they can decide for themselves whether to accept or reject the best bid available: Heron International Ltd v Lord Grade [1983] BCLC 244. 264 Mr MacLean pointed out that in In Re a Company [1986] BCLC 382 Hoffman J considered a situation in which there w......
  • Barclays Bank Plc v Alfons Kufner
    • United Kingdom
    • Queen's Bench Division (Commercial Court)
    • 10 October 2008
    ...41 In Gore Wood, having reviewed a number of authorities, including Prudential Assurance; Heron International Ltd. and Others v. Lord Grade, Associated Communications Corp. Plc. and Others [1983] BCLC 244; R. P. Howard Ltd. & Richard Alan Witchell v. Woodman Matthews and Co. (a firm) [198......
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1 firm's commentaries
  • Foreign Investment - A Future Banana Peel For English Football?
    • United Kingdom
    • Mondaq United Kingdom
    • 20 August 2008
    ...over the common law duty to act in the best interests of the company (as was discussed in the case of Heron International v Lord Grade [1983] BCLC 244). But of course the decision involves a balancing act and it could nevertheless be argued, in appropriate circumstances, that by accepting t......
8 books & journal articles
  • Table of cases
    • Canada
    • Irwin Books Mergers, Acquisitions and Other Changes of Corporate Control. Third Edition
    • 25 June 2020
    ...2017 BCCA 224, 413 DLR (4th) 664 ............................................................ 407 Heron International Ltd v Lord Grade, [1983] BCLC 244 (CA) ........................ 269 Hexion Speciality Chemicals, Inc v Huntsman Corp, 965 A2d 715 (Del Ch 2008) ...................................
  • No reflective loss: The English approach reconsidered
    • South Africa
    • Juta Journal of Corporate Commercial Law & Practice No. , April 2021
    • 31 March 2021
    ...‘In the looking glass: Holding companies and reflective loss’ (2016) 22 Trusts & Trustees 277–285.35 Heron International Ltd v Lord Grade 1983 BCLC 244.36 Johnson v Gore Wood & Co 2002 2 AC 1 35 (HL). © Juta and Company (Pty) 9NO REFLECTIVE LOSS: THE ENGLISH APPROACH RECONSIDEREDhttps://doi......
  • Table of Cases
    • Canada
    • Irwin Books Archive Mergers, Aquisitions, and Other Changes of Corporate Control. Second Edition
    • 8 September 2012
    ...v. Philips (1883), 23 Ch. D. 14 (C.A.) .................................................... 334 Heron International Ltd. v. Lord Grade, [1983] BCLC 244 (C.A.) .................... 240 Hexion Speciality Chemicals, Inc. v. Huntsman Corp., 965 A.2d 715 (Del. Ch. 2008) ...............................
  • Hostile Bids and Defensive Tactics
    • Canada
    • Irwin Books Mergers, Acquisitions and Other Changes of Corporate Control. Third Edition
    • 25 June 2020
    ...importantly, the Supreme Court of Canada’s decision in BCE , above note 96. 163 See, for example, Heron International Ltd v Lord Grade , [1983] BCLC 244 at 265 (CA): “Where directors have decided that it is in the best interests of a company that the company should be taken over, and where ......
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