Don’t shoot the messenger A few columns ago, I looked at the risks that lawyers take with their life and livelihood in some parts of the world, simply by going about their profession. Today, I want to look at another profession that can find itself – quite literally – in the line of fire: journalists.…
Company & commercial
In any company, the Articles of Association are critical – they bind the members and govern the way in which the company is run.
Who appoints and dismisses the directors? Are any issues reserved for unanimous or qualified majority decision? Are minority interests protected? Are there suitable restrictions on the transfer of shares outside the family or other chosen group? Such questions must be regulated in the Articles because they will govern the legal position in the event of a dispute.