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Waldron and Waldron [2019] EWHC 115

The need for clean hands

This is a shareholder dispute between three brothers and a sister, all involved in a construction and civil engineering business which had been set up by their parents. It seems that the parents had anticipated that this would be a family business and that the various siblings would all have a role in its management and operation.

It appears that it was intended that Patrick would be the first amongst equals as he was given a shareholding of 30% and was made the managing director. His sister and his younger brothers, Austin and Gerard, were to have subsidiary roles.