The rule against reflective loss bars claims against wrongdoers by shareholders of a company (for instance for the diminution in the value of their shareholding) where the shareholder’s loss is merely reflective of the loss...more
7/20/2020
/ Board of Directors ,
Business Losses ,
Corporate Misconduct ,
Creditors ,
Foreign Judgments ,
Fraud ,
Fraudulent Transfers ,
Freezing Order ,
Insolvency ,
Reflective Loss Rule ,
Reversal ,
Shareholders ,
UK Supreme Court
UK Supreme Court clarifies effect of aggregation wording: AIG Europe Limited v Woodman -
In a long awaited judgment, which will affect all organisations with professional indemnity insurance, the Supreme Court has...more