The Duties of Controlling Shareholders-Complex Relationships, Legal Confusion and New Approaches (28 Oct 2015)

The University of Hong Kong
Asian Institute of International Financial Law
and
RGC Theme-based Research Scheme Project:
“Enhancing Hong Kong’s Future as a Leading International Financial Centre”

Public Lecture

The Duties of Controlling Shareholders-Complex Relationships, Legal Confusion and New Approaches

Professor John H Farrar
Emeritus Professor of Law, Bond University

Wednesday, 28 October 2015
6:45 – 7:45 pm
Room CPD-3.04, 3/F Central Podium Level
Centennial Campus, The University of Hong Kong

Controlling shareholders are not fiduciaries but are subject to equitable restraints on exercise of power to alter articles of association. Company law also provides remedies for oppression and unfair prejudice. There seem to be gaps in the law which some overseas jurisdictions fill by differing approaches. We need to consider whether these provide suitable models for future legal development.

Professor John Farrar graduated with LLD from University College London and PhD from the University of Bristol. He also was awarded an LLD (Honoris Causa) by Bond University in 2014 for services to the University. He qualified as a legal practitioner in England and Wales, New Zealand and Australia. He was Dean of Law at the University of Canterbury (1985-88), Bond University (1993-96) and University of Waikato (2004-08). He was Acting Vice Chancellor of Bond University (1995-96) and Chair of Senate (2000-03). John is the author of a number of books and papers on Company and Commercial Law and Corporate Governance. He has also been active in law reform in the United Kingdom, New Zealand and Australia, and was a member of the Legislation Advisory Committee of New Zealand (2004-08). In 2008 he was made an Honorary Life Member of the Australian Law Teachers Association for services to legal education in Australia and New Zealand.