Legal News

Company deadlock—just and equitable winding up (Chu v Lau)

Published on: 15 October 2020
Published by: LexisPSL
  • Company deadlock—just and equitable winding up (Chu v Lau)
  • What are the practical implications of this case?
  • What was the background?
  • What did the court decide?
  • Case details

Article summary

Dispute Resolution analysis: Practitioners engaged in corporate disputes may be interested in the recent Privy Council judgment arising from what company lawyers would regard as a conventional relationship breakdown between two businessmen. Although it concerned a British Virgin Islands (BVI) company and the application of BVI company law, the Privy Council had cause to consider the concept of a quasi-partnership and the just and equitable jurisdiction to wind up a company, involving discussion of key authorities from the courts of England and Wales. Written by Andrew Butler QC, barrister, at Tanfield Chambers. or take a trial to read the full analysis.

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