Farhad Moshiri

[bizzaro]

Please expand. Shareholders cannot directly take an action without approval from the courts, only the Company can initiate against the directors for negligence/ breach of fiduciary duty as far as I am aware. Of course I have not mentioned Liquidators, or a new board who can also initiate proceedings against the previous Board.

A shareholder can request the company take action against a board member they believe are acting improperly or do so themselves if the company will not. However, proper legal advice is required to do this.

A so called 'unfair prejudice action'

 

[Foot Long Hot Dog]

@The Esk

In English Common Law - which governs the chairman of the board.

The position of Chairman and Director are not mutually exclusive. The chairman has certain duties regarding the procedure at meetings, he or she may also have wider responsibilities which affect both his or her fiduciary obligations and the duty of care.

Therefore the chairman has to be careful in how it makes certain decisions so as to not breach these obligations.

lol

 

[orly]

Is that applicable under English Common Law?

Bloody good question mate.

Pity we don't have any experts on it here.

Oh what am I saying TEACH US MATTHEW

 

[Moomin]

Is bizarro such a know it all on every subject? Or just the ones I happen to catch him copy and pasting nonsense on?

Hostage negotiator expert, counter terrorism expert. Also expert knowledge on nuclear power station's suffering damage from earth quakes.

Someone link that up, the Japan earth quake thread.

I'll go and find it.

 

[BlueLlama]

A shareholder can request the company take action against a board member they believe are acting improperly or do so themselves if the company will not. However, proper legal advice is required to do this.

A so called 'unfair prejudice action'

Not sure you copy and pasted quite the right bit there Damo

 

[tommye]

Hostage negotiator expert, counter terrorism expert. Also expert knowledge on nuclear power station's suffering damage from earth quakes.

Someone link that up, the Japan earth quake thread.

I'll go and find it.

*Lord have mercy on his soul...

 

[bizzaro]

Hostage negotiator expert, counter terrorism expert. Also expert knowledge on nuclear power station's suffering damage from earth quakes.

Someone link that up, the Japan earth quake thread.

I'll go and find it.

Even with all that I still listen to @The Esk

He's the man.

 

[toffee matt]

Hostage negotiator expert, counter terrorism expert. Also expert knowledge on nuclear power station's suffering damage from earth quakes.

Someone link that up, the Japan earth quake thread.

I'll go and find it.

Tamworth FC expert

 

[kithnou]

Wakes up...sees it's descended to conversation about English Common Law and the Chairman breaching duties?

Oh my. Can't we be patient for a few weeks?

 

[The Esk]

@The Esk

In English Common Law - which governs the chairman of the board.

The position of Chairman and Director are not mutually exclusive. The chairman has certain duties regarding the procedure at meetings, he or she may also have wider responsibilities which affect both his or her fiduciary obligations and the duty of care.

Therefore the chairman has to be careful in how it makes certain decisions so as to not breach these obligations.

Sorry mate, I'm losing what you are trying to argue here - yes the Chairman has wider responsibilities because the Chairman through common law and the AoA can do things other directors cannot do, we all understand that, but what else are you arguing?

If you are arguing that Bill still has power to determine when Martinez is fired, then that is simply not the case

 

[bizzaro]

Wakes up...sees it's descended to conversation about English Common Law and the Chairman breaching duties?

Oh my. Can't we be patient for a few weeks?

@The Esk - when does the transfer window open mate?

 

[orly]

Wakes up...sees it's descended to conversation about English Common Law and the Chairman breaching duties?

Oh my. Can't we be patient for a few weeks?

To be fair mate, if you can't enjoy the last few pages GOT has passed you by

 

[kithnou]

@The Esk - when does the transfer window open mate?

can I thread ban myself from that from now please?

 

[The Esk]

To be fair mate, if you can't enjoy the last few pages GOT has passed you by

Exactly, GOT at it's best and @bizzaro plays a key role.

 

[kithnou]

To be fair mate, if you can't enjoy the last few pages GOT has passed you by

I clicked on the last page mate. Are you saying I should go back a few pages and read?
Don't play with me now....