Visit JCPCUKSC/2024/0047
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COURT PROCEDURE
THG Plc (Respondent) v Zedra Trust Company (Jersey) Ltd (Appellant)
Contents
Case summary
Case ID
UKSC/2024/0047
Parties
Appellant(s)
Zedra Trust Company (Jersey) Ltd
Respondent(s)
THG Plc
Issue
Is there a statutory limitation period applicable to a claim under section 994 of the Companies Act 2006? If so, what is that period?
Facts
Zedra Trust Company (Jersey) Limited (the appellant) is a minority shareholder in THG PLC (the respondent). In July 2016, the respondent allotted shares to four corporate shareholders with shares of the same class as those held by the appellant, but none to Zedra. In 2019, the appellant initiated a claim against the respondent arising out of this share issue. In June 2022, the appellant applied to add an additional claim that it suffered unfair prejudice under section 994 of the Companies Act 2006 as it had been excluded from the share issue. In December 2022, the High Court of Justice of England and Wales allowed the appellant’s application. It rejected the respondent’s contention that the additional claim was time barred under the Limitation Act 1980. The respondent appealed to the Court of Appeal, which allowed the appeal. It concluded that the additional claim was time barred under the Limitation Act 1980. The appellant now appeals to the Supreme Court of the United Kingdom.
Date of issue
26 March 2024
Oral permission hearing panel
Justices
Directions hearing panel
Justices
Case management hearing panel
Justices
Appeal
Hearing dates and panels are subject to change
Justices
Hearing dates
Full hearing
Start date
17 February 2025
End date
18 February 2025
Additional hearing panel
Justices
Watch hearings
17 February 2025 - Morning session
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