Island Export Finance Ltd v Umunna

JurisdictionEngland & Wales
Date1986
CourtQueen's Bench Division
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27 cases
  • Cayman Islands News Bureau Ltd v Cohen
    • Cayman Islands
    • Grand Court (Cayman Islands)
    • 24 November 1988
    ...Ltd. v. Cooley, [1972] 1 W.L.R. 443; [1972] 2 All E.R. 162, dicta of Roskill J. applied. (5) Island Export Fin. Ltd. v. Umunna, [1986] BCLC 460, distinguished. (6) Reading v. Att.-Gen., [1948] 2 K.B. 268; on appeal, [1949] 2 K.B. 232; on further appeal, [1951] A.C. 507; [1951] 1 All E.R. 61......
  • Shepherds Investments Ltd v Walters and Others
    • United Kingdom
    • Chancery Division
    • 12 April 2006
    ...the level of commissions that were paid by MBC and which could not be obtained from the suppliers of whole life policies: comp Island Export Finance Ltd v Umunna [1986] BCLC 460. Express terms of employment contracts of Mr Walters and Mr Hindle 136 Investments claims that Mr Walters and Mr ......
  • Recovery Partners GP Ltd Revoker LLP v Mr Irakli Rukhadze
    • United Kingdom
    • Queen's Bench Division (Commercial Court)
    • 1 November 2018
    ...me to any authority which indicates that the test for which they contend is the correct one. 56 In Island Export Finance Ltd v Umunna [1986] BCLC 460 the existence of a past transaction which opened up the possibility of future business was held not to be a “maturing business opportunity”. ......
  • Foster Bryant Surveying Ltd and anor v Bryant and anor
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 13 March 2007
    ...added] 58 It appears that Laskin J saw the rule, strict as it might be, in somewhat flexible and merit-based terms. 59 In Island Export Finance Ltd v. Umunna [1986] BCLC 460, Hutchison J considered the case of a director who had resigned because of his dissatisfaction with his company, and ......
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6 books & journal articles
  • SELF-DEALING AND NO-PROFIT RULES: COMPANIES ACT 2016
    • Singapore
    • Singapore Academy of Law Journal No. 2020, December 2020
    • 1 December 2020
    ...BCC 804 at [76]. See also In Plus Group Ltd v Pyke [2002] 2 BCLC 201. 151 [2007] BCC 804. 152 See Island Export Finance Ltd v Umunna [1986] BCLC 460 and Framlington Group plc v Anderson [1995] 1 BCLC 475. Cf Industrial Development Consultants Ltd v Cooley [1972] 2 All ER 162; Canadian Aero ......
  • Pure corporate control in South Africa : chapter 3 : part two : South Africa on corporate control
    • South Africa
    • Transactions of the Centre for Business Law No. 2010-46, January 2010
    • 1 January 2010
    ...Companies Act 61 of 1973: section 234(2).210 Framlington Group Plc v Anderson [1995] 1 BCLC 475.211 Island Expor t Finance Ltd v Umunna [1986] BCLC 460.212 Robinson v Randfontein Estates Gold Mining Co Ltd 1921 AD 168.213 Robinson v Randfontein Estates Gold Mining Co Ltd 1921 AD 168: 177.21......
  • Corporate Management
    • Jamaica
    • Corporate Business Principles. A Guide to the Jamaica Companies Act
    • 18 February 2021
    ...v Cooley [1972] 2 All ER 162; Canadian Aero Services Ltd v O’Malley [1973] 40 DLR (3 rd ) 371; Island Export Finance Ltd v Umunna [1986] BCLC 460; Queensland Mines Ltd v Hudson [1978] 52 ALJR 399; Gencor ACP ltd v Dalby [2000] 2 BCLC 734; Peso Silver Mines Ltd v Copper (1966) 58 DLR (2 nd )......
  • Principle 6 of the Proposed Statement of Directors' Duties
    • United Kingdom
    • The Modern Law Review No. 66-6, November 2003
    • 1 November 2003
    ...and Commercial Relationships (Sydney: The Law BookCompany Limited, 1987) 149.29 Lowry and Edmunds, n 27 above.30 [1967] 2 AC 134.31 [1986] BCLC 460.32 [1990] FSR 385.33 Peso Silver Mines Ltd vCropper (1966) 58 DLR (2d) 1, in which the Supreme Court of Canadaunanimously upheld a decision of ......
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