Donegal Investment Group Plc -v- Danbywiske & Ors [2016] IECA 226 (27 July 2016)
Given the unusual procedural posture and the remittal of the valuation issue, it is impossible to determine success in the valuation module. The remedy module outcome favored respondents, but overall justice requires no order as to costs in both High Court and appeal proceedings.
- Citation
- [2016] IECA 226
- Parties
- Petitioner/appellant: Donegal Investment Group PLC; Respondent: Danbywiske; Respondent: Ronald Wilson; Respondent: The General Partners of the Wilson Limited Partnership 1; Respondent: Monaghan Mushrooms Ireland; Respondent: ELST
- Jurisdiction
- Ireland
- Judgment Date
- 27 July 2016
- Procedural Posture
- Appeal / Judgment
- Outcome
- Appeal allowed; High Court costs order set aside; no order as to costs in High Court or appeal.
- Legal Topics
- Oppression Remedy, Costs, Share Valuation, Minority Shareholder Rights
Case Brief
Summary, issues, holding and outcome
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Parties
Donegal Investment Group PLC
Petitioner/appellant
Danbywiske
Respondent
Ronald Wilson
Respondent
The General Partners of the Wilson Limited Partnership 1
Respondent
Monaghan Mushrooms Ireland
Respondent
ELST
Respondent
Procedural Posture
Appeal / Judgment
Legal Issues
- 1 Entitlement to costs in High Court proceedings under s.205 Companies Act 1963
- 2 Appropriate costs order for appeal proceedings
- 3 Determination of success in valuation and remedy modules
Ratio Decidendi
Given the unusual procedural posture and the remittal of the valuation issue, it is impossible to determine success in the valuation module. The remedy module outcome favored respondents, but overall justice requires no order as to costs in both High Court and appeal proceedings.
Court Disposition
Appeal allowed; High Court costs order set aside; no order as to costs in High Court or appeal.
Orders
- No order as to costs on the petition in the High Court to 5th June 2015, including valuation and remedy modules and all reserved costs.
- No order as to costs in the valuation and remedy appeals.
Full Case Text
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