LAWS5104 EXAM NOTES (ELITE)

Description

ELITE Corporations Law LAWS5104 exam notes. Attack plan format, easy to apply in an exam. TOPICS: 1. Introductory content ( what is a company etc). 2. Directors a. Appointment & removal b. Types 3. Directors’ duties a. Duty of good faith s181(1)(a) b. Duty for proper purposes s181(1)(b) c. Duty to avoid conflicts of interests i. General law ii. Statute d. Related party transactions (public cos) s208 4. Directors’ relief from liability ss 1317S & 1318 5. Ratification 6. Corporate contracting 7. Members remedies a. Personal actions b. Oppression ss 232, 233 c. Winding up s462 d. Statutory injunction s1324 e. Statutory derivative action ss 237, 236 f. Equitable constraints on amending a constitution.