Shareholder rights to access company information: Lost in Nottingham Forest

Several of our listed clients have been asking us recently what rights shareholders have to access privileged or confidential company information. The uncertainty may stem from the High Court’s decision in CAS (Nominees) Ltd v Nottingham Forest FC Plc.

In this briefing, we clarify the implications of the Nottingham Forest decision and offer some concluding remarks about litigation as a strategy for shareholder activism.