Reading Time: 3 minutesBoard of Directors – Emergence of the Two Tier Board Recent developments have seen the emergence of the two tier board and the increase of the independent director role. Independent and non-executive directors are commonly found in listed companies. Listed companies appear to have the budgets and the depth of business necessary to support the […]
Pursuing Legal Action on Behalf of a Company
Reading Time: 11 minutesWhat can a shareholder or company member do if the company has a claim against a third party but the directors of the company fail, neglect or refuse to commence action to pursue that claim? What if the claim is against the company’s directors for breach of directors’ or fiduciary duties? Or what if the […]