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
DAC Beachcroft—Paul Brehony

DAC Beachcroft—Paul Brehony

Commercial disputes practice expands with partner hire in London

Ward Hadaway—Maria Coster

Ward Hadaway—Maria Coster

Partner appointed to lead family and matrimonial department in Leeds

Slater Heelis—Helen Marsh

Slater Heelis—Helen Marsh

Commercial property team expands in Manchester with partner appointment

NEWS
Read All
Law Society RFC Festival of Sport 2026 announces headline sponsor
SRM Recruitment has been announced as the headline sponsor of the Law Society RFC Festival of Sport 2026, which will take place on 20 September at Richmond Athletic Association. The specialist legal search firm joins the event as organisers prepare to welcome more than 110 teams across five sports, including rugby sevens, netball and five-a-side football
NLJ this week: Victorian billings face the chop
The civil justice landscape could be heading for a shake-up, with reform of the Solicitors Act 1974 gathering pace
NLJ this week: Divorce in a borderless world
Global mobility is transforming family law, creating new challenges around jurisdiction, assets and child arrangements
NLJ this week: Civil procedure’s quiet rule changes
A series of procedural developments could have significant practical consequences for litigators. Writing in NLJ this week, columnist Stephen Gold highlights important updates ranging from digital court reforms to family procedure and admissions of liability
NLJ this week: Could polyamorous partners inherit?
As family structures evolve, the law may face difficult questions about inheritance rights for those in polyamorous relationships
Copyright © 2026 LexisNexis
back-to-top-scroll