Marex Financial Ltd v Sevilleja: Some Commentary in Response to Paul Davies’s Blog Contribution’

“Paul L Davies’s blog piece on Marex Financial Ltd v Sevilleja [2020] UKSC 31; [2020] 3 WLR 255, concerned with the intractable topic of ‘reflective loss’ claims is, with respect, a model of clarity. He favours the majority view in that case, found in the judgments of Lord Reed and Lord Hodge, namely that where a shareholder has a private law claim arising out of action that also involves a wrong done to the shareholder’s company, the shareholder cannot sue for their loss to the extent that that loss is simply a diminution in the value of their shares in the company …” (more)

[Peter Watts, Oxford Business Law Blog, 7 August]

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