THE GOOD FAITH PRINCIPLE IN SHAREHOLDERS AGREEMENTS UNDER ENGLISH LAW
( Pp. 66-70)

By analyzing English case law the authors make the try to determine the nature and mechanism of realization of the good faith principle for conclusion and performance of shareholders agreements, one of the newest institute for Russian Corporate law, which is widely known in English law system. Objective: to analyze the action of good faith principle in corporative agreements under the English law. The model: the research was made on the basis of English case law with comparative analysis of main approaches in application of good faith principle in Russian and English law; the authors made the effort to determine the main features of the good faith principle realization in English Company law. Conclusion: the considered principle in English law is unstable. The interpretation of agreement based on its aim and factual relations between shareholders helps participants to define boardings of the principle. Accordingly, the real meaning of «good faith» provisions should be interpreted with considering the nature of an agreement. Possibility to the next use: the main conclusions made by the authors may be used as a base to other science researching, in other kinds of science and practical activity. Social consequence: the analysis of case law of the United Kingdom helps to find elements of good faith principle which are applicable to relations in the case of conclusion and fulfillment shareholders agreement under Russian civil law. The value: the institute of corporate agreements (shareholders agreements) is relatively new to Russian law. Accordingly, the present research has a scientific value as an attempt to determine the nature of good faith principle in shareholders agreements under English law.

Baryshnikov I.S., Glebova T.V., (2017), THE GOOD FAITH PRINCIPLE IN SHAREHOLDERS AGREEMENTS UNDER ENGLISH LAW. Economic Problems and Legal Practice, 3 => 66-70.

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honesty, honest business practices, the shareholders ' agreement, corporate contract, case law.