In re: Graphic Age Advertising (For an order of Provisional Management)

Key Issues

• {"issue_text":"Does the applicant have locus standi to bring an application for provisional judicial management after resigning and agreeing to transfer his shareholding?","issue_type":"procedural","dispositive":"yes","related_facts":"Applicant resigned in December 2006; Applicant agreed to transfer shares under shareholders agreement"}
• {"issue_text":"Should the applicant have exhausted the arbitration remedy provided in the shareholders agreement before approaching court?","issue_type":"procedural","dispositive":"yes","related_facts":"Shareholders agreement signed 12 September 2000 containing arbitration clause"}
• {"issue_text":"Does the application satisfy the requirements for provisional judicial management under section 300 of the Companies Act?","issue_type":"law","dispositive":"no","related_facts":"Applicant's founding affidavit contents"}

Background