Isaac v (1) Tan (2) Cardiff City Football Club (Holdings) Ltd [2022] EWHC 2023 (Ch)

• Published date: 02 August 2022
• Subject Matter: Corporate/Commercial Law, Litigation, Mediation & Arbitration, Corporate and Company Law, Trials & Appeals & Compensation, Shareholders
• Law Firm: Gatehouse Chambers
• Author: Ms Emily Betts and Ryan Hocking

Last Friday Mr Justice Adam Johnson handed down judgment in Isaac v (1) Tan (2) Cardiff City Football Club (Holdings) Ltd [2022] EWHC 2023 (Ch), an unfair prejudice petition brought by a minority shareholder of a football club's holding company. Emily Betts and Ryan Hocking were instructed by Capital Law and represented the successful Respondents to the petition.

Johnson J's judgment found that there was no unfairly prejudicial conduct and dismissed the petition, making findings that the conduct complained of by Mr Isaac, the Petitioner, was ultimately to the economic benefit of the company and motivated by legitimate commercial concerns. The judgment considers a majority...