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Published online by Cambridge University Press: 05 July 2016
IN Eclairs Group Ltd. v JKX Oil & Gas plc.; Glengary Overseas Ltd. v JKX Oil & Gas plc. [2015] UKSC 71, the Supreme Court had a rare opportunity to analyse the rules on directors' exercise of power for improper purposes, and to do so in a context which raised more subtleties than earlier authorities.