Judgment came out this morning in this appeal argued in February 2025.  By a majority of 4-1 the Supreme Court overturned the Court of Appeal [2024] EWCA Civ 158 and held that there is no limitation period applicable to unfair prejudice petitions under section 994 of the Companies Act 2006.

But the judgment is of much wider effect than just in respect of unfair prejudice petitions.

Lance Ashworth KC, who appeared with Dan McCourt Fritz KC instructed by Catherine Naylor and Tom Cox at Gowling WLG LLP, for THG plc has written a note on the judgment, which can be found here.

The full judgement is available for review here. 

Click here to read more about the March 2024 judgment that was appealed.