{"id":267381,"date":"2025-06-01T17:31:34","date_gmt":"2025-06-01T17:31:34","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/legal\/corporate-law-and-governance-uk-england-and-wales-common-law-derivative-claims\/"},"modified":"2025-06-01T17:31:34","modified_gmt":"2025-06-01T17:31:34","slug":"corporate-law-and-governance-uk-england-and-wales-common-law-derivative-claims","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=267381","title":{"rendered":"Corporate Law and Governance: UK: England and Wales: common law derivative claims"},"content":{"rendered":"


\n<\/p>\n

\n\"\"The ICLR<\/a> has published a summary for the recently reported decision McGaughey v Universities Superannuation Scheme Ltd [2022] EWHC 1233 (Ch)<\/a>: see here<\/a>. To quote directly from the summary: <\/p>\n

\n“In order to establish that they had standing or a sufficient interest to continue a claim, it was essential for derivative claimants to demonstrate both that the subject company had suffered a loss and that that loss was reflective of their own loss. The availability of an alternative independent claim against the wrongdoer, for example a breach of trust claim, did not prevent the derivative claimant from having standing. A derivative claimant relying on the fraud on a minority exception to the general rule had to establish a prima facie case that the defendants had committed a deliberate or dishonest breach of duty or that they had improperly benefitted themselves at the company\u2019s expense. It did not provide much assistance to adopt the analysis of a fraud on a power”. <\/p><\/blockquote>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

The ICLR has published a summary for the recently reported decision McGaughey v Universities Superannuation Scheme Ltd [2022] EWHC 1233 (Ch): see here. To quote directly from the summary: “In order to establish that they had standing or a sufficient interest to continue a claim, it was essential for derivative claimants to demonstrate both that […]<\/p>\n","protected":false},"author":1,"featured_media":111268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[97],"tags":[11693,11514,11520,95568,4130,7727,12685,9699],"dealstore":[],"offerexpiration":[],"class_list":["post-267381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal","tag-claims","tag-common","tag-corporate","tag-derivative","tag-england","tag-governance","tag-law","tag-wales"],"yoast_head":"\nCorporate Law and Governance: UK: England and Wales: common law derivative claims - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=267381\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corporate Law and Governance: UK: England and Wales: common law derivative claims - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"The ICLR has published a summary for the recently reported decision McGaughey v Universities Superannuation Scheme Ltd [2022] EWHC 1233 (Ch): see here. To quote directly from the summary: “In order to establish that they had standing or a sufficient interest to continue a claim, it was essential for derivative claimants to demonstrate both that […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=267381\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T17:31:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/02\/uk-lgflag.gif\" \/>\n\t<meta property=\"og:image:width\" content=\"581\" \/>\n\t<meta property=\"og:image:height\" content=\"305\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/gif\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=267381#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=267381\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"Corporate Law and Governance: UK: England and Wales: common law derivative claims\",\"datePublished\":\"2025-06-01T17:31:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=267381\"},\"wordCount\":172,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=267381#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/02\/uk-lgflag.gif\",\"keywords\":[\"claims\",\"Common\",\"Corporate\",\"derivative\",\"England.\",\"governance\",\"law\",\"Wales\"],\"articleSection\":[\"Legal\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=267381#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=267381\",\"url\":\"https:\/\/fivemor.com\/?p=267381\",\"name\":\"Corporate Law and Governance: UK: England and Wales: common law derivative claims - 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