The guide covers:
How shareholder claims arise - Derivative claims, securities claims and unfair prejudice petitions, including how a court decides whether a claim can proceed and what remedies it can order against directors.
Where the risk falls - A stakeholder overview showing how a claim can affect the board, individual directors, shareholders, customers and creditors.
Examples of claims - Cases in each category, showing how the courts have approached them and what followed.
Indemnities and insurance - What to look for in a deed of indemnity and in directors' and officers' liability cover, why an indemnity may not respond, and why insurance remains essential.
Practical risk management - What boards and individual directors can do to reduce exposure: documenting decisions, taking professional advice on contentious matters, engaging with shareholders, keeping duties training up to date and reviewing indemnity and insurance arrangements.
Learn More:
Read the full expert guide here.
About CMS:
CMS is a forward-thinking global organisation of independent law firms, boasting over 80 offices in more than 40 countries, and a network of 5,800 lawyers. Combining deep local market knowledge with a broad global perspective, CMS offers dynamic and agile legal solutions to help clients navigate the future with confidence. The firm's focus on social impact, diversity, and sustainability underscores their significance in conversations on governance and future-facing leadership. NEDA are proud to be working in partnership with CMS.