European Court of Human Rights - case of Lithgow and Others (1986) (excerpts)

 

European Court of Human Rights - case of Lithgow and Others (1986) (excerpts)

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197.  Moreover, the Court shares the Commission’s view that this limitation on a direct right of access for every individual shareholder to the Arbitration Tribunal pursued a legitimate aim, namely the desire to avoid, in the context of a large-scale nationalisation measure, a multiplicity of claims and proceedings brought by individual shareholders (ibid.). Neither does it appear, having regard to the powers and duties of the Stockholders’ Representative and to the Government’s margin of appreciation, that there was not a reasonable relationship of proportionality between the means employed and this aim.