Reflective loss following Marex v Sevilleja
4 New Square Chambers: In Brief - Een podcast door 4 New Square Chambers
Where a wrong is caused to a company, do its shareholders also suffer a loss? Can a shareholder sue for his own loss, where it “reflects” the company’s loss? What if the company can’t or won’t sue? These thorny issues have led to much litigation for nearly 200 years. Reflective loss has now been given a major overhaul by the Supreme Court.
