The case of Zedra overturned 40 years of ‘received wisdom’ that statutory limitation periods do not apply to unfair prejudice claims. Writing in this week’s NLJ, Stephen Burns, partner, and Katie Bewick, senior associate, at Charles Russell Speechlys, discuss the case and its implications
They explain the background to the case and look at which limitation period applies where—six years or 12 years?
The authors write: ‘It is important that shareholders with potential claims in unfair prejudice seek early advice to ensure their claims are brought as promptly as possible with the applicable limitation periods in mind.’
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