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ARTICLE · 21 MAY 2013

Contentious Issues At Directors’ Meetings

A discussion on the importance of staying informed as to the duties and responsibilities of a director.

CanadaCorporate/Commercial Law

INTRODUCTION

I LEARNED THAT: IN 1990 I WAS APPROACHED BY CARSWELL TO WRITE A BOOK ON LAW OF CORPORATE MEETINGS. AT THAT TIME I WAS SECRETARY OF 3 COMPANIES IN THE COMMUNICATION INDUSTRY. I SAW HOW GOOD BOARDS OPERATED AND FRACTIONS ONES. THIS PAPER IS A LITTLE FORMALISTIC, BUT I WILL TRY TO DEAL WITH THE HEADINGS AND LET YOU READ THE TEXT AT YOUR LEISURE. I AM HAPPY TO ANSWER ANY QUESTIONS AT THE END.

A unexpected issues can arise at board meetings that may leave directors in search for the answers and direction as to the manner in which to deal with them. The key to resolving these issues is to try and anticipate some common problems that may arise and plan for them accordingly.

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