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When a conflict arises between co-directors, shareholders, partners or trustees the ramifications will be significant.
Individuals who are responsible for how companies, businesses and trusts are run are subject to statutory obligations, which determine how they must act. Therefore, both their position and that of the organisation they represent, will have to be carefully considered and managed to avoid a conflict of interest arising and to ensure (1) their position and interest is protected; (2) the business of the organisation is maintained and protected; and (3) they meet their ongoing fiduciary duties.
Our solicitors are experienced in advising directors, shareholders, partners and trustees when a dispute arises in the following situations:
We will provide clear and decisive advice on the best options available and will recommend the best course of action, be that issuing court proceedings or settlement by way of alternative dispute resolution and mediation.