header-logo header-logo

Home Login E-newsletter About us
15 May 2026 / Natalie Quinlivan
Issue: 8161 / Categories: Features , Company , Limitation
printer mail-detail

Delay & discretion post-Zedra

© Copyright LexisNexis 2026. All Rights Reserved.
249513
© Getty images
Natalie Quinlivan looks into limitation and unfair prejudice petitions after THG v Zedra and offers practical advice
  • Covers limitation and unfair prejudice petitions after the landmark case of THG Plc v Zedra Trust Company (Jersey) Ltd.

THG Plc v Zedra Trust Company (Jersey) Ltd [2026] UKSC 6 has brought welcome clarity to a question that had unsettled company lawyers and litigators alike: whether statutory limitation periods apply to unfair prejudice petitions under s 994 of the Companies Act 2006.

In overturning the Court of Appeal’s 2024 decision, the Supreme Court has restored what had long been understood to be the correct position, that no statutory limitation period applies to s 994 claims. The judgment is significant not simply because it reinstates 40 years of ‘received wisdom’, but because it provides a principled explanation of the juridical nature of unfair prejudice relief, and the proper role of limitation concepts in this area of company law.

This article examines the decision in THG, explains why the Supreme Court

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Read All
Sponsored by
Womble Bond Dickinson—Paula Myers

Womble Bond Dickinson—Paula Myers

Womble Bond Dickinson appoints Paula Myers to private capital team in Leeds

mfg Solicitors—five promotions

mfg Solicitors—five promotions

Law firm mfg Solicitors announces five promotions at Birmingham office

Brabners—six promotions

Brabners—six promotions

Brabners adds six to partnership in record year for partner promotions

NEWS
Read All
NLJ this week: Raising the age bar
Calls to raise the age of criminal responsibility from 10 to 14 have been renewed, with the Bar Council arguing the current threshold criminalises children too early and risks pushing them towards lifelong offending
NLJ this week: Beyond AI hallucinations
The legal profession's AI challenge extends far beyond fabricated case citations, according to a warning about the next phase of technological risk
NLJ this week: AML supervision shake-up
Law firms should use the transition period before the Financial Conduct Authority (FCA) assumes anti-money laundering (AML) supervision to strengthen governance and compliance, experts have warned
NLJ this week: Options for global evidence gathering
Cross-border disputes increasingly demand creative approaches to gathering evidence, with litigators needing to look beyond traditional letters of request
NLJ this week: Indefinite or forever?
A Court of Appeal ruling has clarified the distinction between contracts of 'indefinite' and 'perpetual' duration, with potentially significant implications for commercial drafting
Copyright © 2026 LexisNexis
back-to-top-scroll