Sevilleja v Marex Financial Ltd : Reflective Loss and the Autonomy of Company Law

In Sevilleja v Marex Financial Ltd the Supreme Court considered ambit of prohibition on a shareholder recovering losses from third parties for reduction in value their shares or loss dividend income arising wrong suffered by company. This ‘reflective loss’ had been growing scope recent years, leading to lack clarity as whether it is taxonomically situated company law private law. The majority this case firmly within note argues that judgment did not go far enough and explores impact more broadly.