Court of Appeal clarifies test to be applied for a s 444GA share transfer

Michelle Dean, Eimear McNamara, Bridget Rumball, and Rebecca Lu of Corrs reveal that the Western Australia Court of Appeal recently dismissed a shareholder’s challenge to a s 444GA share transfer under a DOCA, clarifying the high threshold for proving unfair prejudice to shareholders and the evidentiary requirements in administrator-led valuations.

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