Derivative claims | Practical Law

Derivative claims | Practical Law

This note explains statutory and common law derivative claims. These are claims "derived from" a company: brought by relevant others in its name and on its behalf. Claims brought by members of a company formed and registered under the Companies Act 2006 are governed by Part 11 of that Act. A parallel procedure applies at common law to claims brought by non-members, including members of a parent company (so-called double derivative claims), or in respect of other entities (such as overseas companies and LLPs).

Derivative claims

Practical Law UK Practice Note 8-546-6725 (Approx. 26 pages)

Derivative claims

by Practical Law Corporate (based on material originally contributed by Matthew Morrison, barrister, Serle Court)
Maintained • England, Wales
This note explains statutory and common law derivative claims. These are claims "derived from" a company: brought by relevant others in its name and on its behalf. Claims brought by members of a company formed and registered under the Companies Act 2006 are governed by Part 11 of that Act. A parallel procedure applies at common law to claims brought by non-members, including members of a parent company (so-called double derivative claims), or in respect of other entities (such as overseas companies and LLPs).