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Discussion Activity 6.2: The Shadow Director
Can a corporation be a “shadow director” of another corporation? First, let’s look at who in general can be a director. CBCA s. 2(1) and BCBCA s. 1(1) are not very helpful in terms of narrowing down the question of who a director can be, but they are helpful in that they both implicitly allow […]
A few reflections on directors’ qualifications
In Canada, there is no minimum standard for corporate directors. To reflect on that, it might be useful to think about who the shareholders are and how directors are selected. Shareholders are by and large sophisticated, experienced business people. They understand the qualifications and traits required of a director much better than a lay person. […]
Class 14: Corporate Obligations #1
Video & slides below… jon