Directors Duties Results
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Professor Bob Baxt examines a recent court case that demonstrates how the courts are becoming more comfortable with the idea of shareholders taking derivative action against a company and its directors.
When the statutory business judgment rule (section 180(2)) of the Corporations Act 200...
Mark Easton explains why directors need to be mindful of their duty to act fairly between shareholders and consider carefully the effect their decisions could have on minority shareholders.
The Corporations Act 2001 provides far-reaching remedies for oppressed minority shareholders.