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Published by Foez Dewan

Can two wrongs make a right? Dealing with company deadlock through statutory oppression

Often in the early stages of establishing a company resources are pooled and liabilities are met equally. As a result, directors agree to divide the company in half with each getting 50% of the shares with a view to working together amicably for the foreseeable future. However, as the business matures disputes can break out and because of the 50/50 structure all it takes is for one director to put their foot down and the company is placed into...
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