Privilege series part 1: Privilege in shareholder disputes – is change afoot? – Kingsley Napley Immigration Blog
‘For over a century, it has been a well-established rule that a company cannot claim legal privilege against its own shareholders (Woodhouse & Co. Ltd v Woodhouse). This grants shareholders the right to access legal advice obtained by the company concerning its affairs. However, there is a recognised exception to this rule: if the legal advice pertains to actual or anticipated litigation between the company and the shareholder, the company can claim privilege.’
Kingsley Napley Immigration Blog, 14th November 2024
Source: www.kingsleynapley.co.uk