When disputes arise between small/family business shareholders

22/05/2019
07:15 am - 08:45 am

Event Pass Information

Price Quantity
Please select the number of tickets you wish to purchase and click the register button to complete your registration and to pay for this event via Visa or Mastercard. A tax invoice receipt will be emailed upon completion of your registration. $66

Summary :

When disputes arise between small/family business shareholders or trust unit holders 

In this seminar, barrister John Nunns will examine solutions and remedies for trust beneficiaries and shareholders in private companies, when they find themselves in conflict.  Some of the areas he will look at include:

  • Remedies for oppressed small family business co-owners in serious disputes.

Some common cases, problems and practical considerations – encouraging a pragmatic and collaborative approach to dispute resolution, to avoid ruinous litigation between co-owners, minimising delay and expense in bitter family disputes.

  • Members statutory oppression remedy for conduct of a company’s affairs 

Examples of commonly recurring oppressive conduct, such as denial of access to information, improper exclusion from participation in management, oppressive conduct of management meetings, improper diversion of company assets to the benefit of the controller, excessive controller remuneration and unfair restriction of dividends; and

Remedies including right to information, Court orders including winding up the company, compulsory share purchase of oppressed members' shares, appointment of receivers, provisional liquidators and injunctions.

  • The special situation of a trustee company
  • The Commercial Court oppression procedure for small business companies – Supreme Court practice note – SC CC8
  • Case examples of breach of trustee’s duties, fact situations and deadlock between trustees in dispute including denial of information, payment of excessive remuneration to beneficiaries or administration professionals, improper diversion of trust assets to the benefit of the trustee and business affairs and management in disarray and/or dispute or deadlock

Chair : Michael Galvin QC
Presenter : John Nunns and Simon Minahan
Compulsory Field: Substantive Law
Cost:
$66 (Incl GST)
CPD Units: 1
Catering: Includes a light breakfast
Date 22/05/2019
Time 07:15 am - 08:45 am
Venue
Monash University Law Chambers
555 Lonsdale Street
Melbourne, VIC 3000 Australia
Greens List Clerking Services Pty Ltd | Owen Dixon Chambers | 205 William Street | Melbourne | Victoria | Australia | 3000 | DX 98 Melbourne | Ph: 03 9225 7222 | Fax: 03 9225 8485
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