rosegentry
Discussion Activity 8.1
I believe the test that is emerging is: Whether or not the shareholders bona fide or genuinely believed that the alteration was for the benefit of the company as a whole. As stated in the test, shareholders need to act bona fide or honestly when voting on a special resolution. They have to vote believing […]
Conflict of Interest and Duty
I believe as a director, James H. Beatty owed a duty to the company to act in its best interest and avoid conflicts of interest. However, as a shareholder, he did not have that duty. I don’t think that the shareholder vote necessarily relived him of that duty. Instead, it was his absence at the […]
Eliminating Corporate Personhood
I think that s. 30 of the BC Business Corporations Act could and should simply be eliminated and replaced by an inclusive list of rights, powers and privileges. Simply put, corporations are not people. I do not believe that they should be considered people. I personally don’t believe that there is any benefit to invoking […]
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