Contentious Issues in the Boardroom
The April 2024 Issue of the Directors’ Briefing is Now Available!
We are pleased to announce the release of the April 2024 issue of the Directors’ Briefing, co-authored by Hartley R. Nathan, K.C., and Laura Wolfe. The Directors’ Briefing is published by LexisNexis in their Directors Manual. It focuses on contentious issues in the boardroom and explores issues currently facing directors and officers, providing insights on how to address these challenges effectively when they arise.
This issue discusses:
Board Governance: The legal implications when directors act without board consensus.
Retirement of Directors: The challenges and legal considerations surrounding director resignations, with a focus on the Soulliere v The Queen decision, underscoring the importance of appointing a successor director.
Failing to Allow Shareholder to Participate in Telephone Meeting Could be Oppression: Examination of a case where exclusion from telephonic participation was deemed oppressive.
Is “Subject to Board Approval” a Way Out of a Deal?: The use and implications of the "subject to board approval" clause in business agreements.
Shareholders Cannot Be Deprived of Voting Rights: The fundamental right of shareholders to vote is supported by recent case law.
Each article provides actionable guidance for navigating these scenarios, aiming to enhance governance practices.
Access this issue directly here, or feel free to email Laura to request a copy.
This article is general information, not legal advice. It does not create a solicitor-client relationship, and it may not reflect developments after the date of publication. Advice on a specific situation requires a specific retainer.
