Barnett v Rose (Chancery Division, A. G. Bompas QC (sitting as a deputy judge of the High Court), 21 Sep 2011)
P was made bankrupt. His sole substantial asset was a holding of 60 shares (40% of the issued share capital) in a company. The defendants, the remaining shareholders, entered into negotiations to buy the shareholding. An initial offer of £40,000 was made, increased to £65,000.
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