Managing and Resolving Shareholder Disputes

A shareholder, also known as a stockholder, is an individual or entity that owns shares in a company. When disputes between shareholders occur, it can significantly impact the functioning and stability of a company. Effectively managing and resolving these disputes is...

Why Business Partners Need a Partnership Agreement

A Partnership Agreement is a contract between all the partners in a business and outlines each partner’s duties and responsibilities, governs important matters that arise from the business, procedures for making business decisions and how to resolve disputes amongst...

Exclusion Clauses in Commercial Contracts: How Far Can They Go?

It is common in commercial contracts to apportion risk among the parties. One way parties achieve this is through exclusion clauses. Exclusion clauses might address liability for contractual breaches as well as other types of liability, such as negligence. There are...

Company Directors’ Duty to Avoid Conflicts of Interest

Company directors have a legal obligation to avoid conflicts of interest. Identifying and managing potential conflicts is essential for all company directors. When a conflict exists, a company director should seek professional advice from an experienced legal advisor....

What happens when a contract is breached?

Contracts are a common tool used throughout our lives to create legal relationships between parties to define what actions people will take. If you have entered a contract with another party, you are obligated to abide by the terms and conditions of the contract. Any...