Civil Litigation & Disputes: Shareholder Action
The Civil Litigation & Disputes practice area focuses on resolving disagreements between people or businesses through the legal system. One important part of this area is called Shareholder Action. This involves situations where shareholders (the people who own shares in a company) have disputes with the company or with each other.
What is Shareholder Action?
Shareholder Action can happen when shareholders feel that their rights are not being respected. For example, if a company is not following its own rules, or if shareholders believe they are not getting their fair share of profits, they may take legal action. This can include:
- Disputes over company decisions: If shareholders disagree with major decisions made by the company, such as selling the business or changing its direction, they may seek legal help.
- Claims of unfair treatment: If a shareholder feels they are being treated unfairly compared to others, they might take action to protect their interests.
- Access to information: Shareholders have the right to know what is happening in the company. If they are denied important information, they can take legal steps to obtain it.
Why is it Important?
Shareholder Action is important because it helps ensure that companies operate fairly and transparently. It protects the rights of shareholders and helps maintain trust in the business environment. In New Zealand, the law provides various ways for shareholders to resolve their disputes, including mediation and court proceedings.
How Can We Help?
If you are a shareholder facing a dispute, it is essential to seek legal advice. Our team of experts can guide you through the process, helping you understand your rights and options. We aim to resolve disputes efficiently, whether through negotiation or, if necessary, in court.
In summary, the Shareholder Action specialisation within Civil Litigation & Disputes is about protecting the rights of shareholders and ensuring fair treatment in the business world. If you have concerns as a shareholder, don’t hesitate to reach out for help.