Equity Short: Pennington v. Waine

“Tempering the wind against the shorn lamb” is an evocative phrase used by Arden, LJ in the case of Pennington v. Waine, which is the subject matter of this “Equity Short”. Filmed on location at the Windmill Animal Farm gaze upon lambs, sheep and other beasts as Dr. Tribe explores this important Court of Appeal judgment on the transmission of ownership in company shares. Oakley has critiqued the decision. Do you agree with him?
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