Mr Greenhalgh was a minority shareholder in Arderne Cinemas, which changed its articles by special resolution in general meeting to remove the right of existing shareholders to be offered any shares transferred in the company.
Mr Greenhalgh was a minority shareholder in Arderne Cinemas and was in a protracted battle to prevent the majority shareholder, Mr Mallard selling control. The company changed its articles by special resolution in general meeting to remove the right of existing shareholders to be offered any shares transferred in the company.