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Full-Text Articles in Business Organizations Law

Directors' Duties To Creditors - Mapping The Twilight Zone, Mehreen Rehman Aug 2012

Directors' Duties To Creditors - Mapping The Twilight Zone, Mehreen Rehman

Electronic Thesis and Dissertation Repository

This thesis examines Canadian corporate law to analyze whether its legal mechanisms (e.g., duty of loyalty, duty of care, derivative action, oppression etc.) are sufficient to protect creditor interests, their shortcomings and possible solutions. It argues that the risks to which creditors are exposed in Canada at the hands of directors when a company is financially distressed or insolvent demand more clear protection. It reviews available legal mechanisms under the English and Delaware corporate law to see if Canada could import anything to improve its lax creditor protection. The thesis suggests adopting wrongful trading provisions modeled on English legislation. The …


An Insightful Study Of The Oppression Remedy Under South African And Canadian Corporate Law, Natasha A. Abbey Aug 2012

An Insightful Study Of The Oppression Remedy Under South African And Canadian Corporate Law, Natasha A. Abbey

Electronic Thesis and Dissertation Repository

A new perspective is provided on the South African company law through the comparative analysis of a shareholders’ remedy known as the Oppression Remedy under section 163 of the Companies Act 71 of 2008 and section 241 of the Canada Business Corporations Act. Despite the introduction of the new Companies Act 71 of 2008, the statute still remains unclear as to the rights, duties and powers of each individual within a company. In an aim to address this lack of clarity, this thesis takes a “back-to-basics” approach by discussing the fundamental principles of corporate personality and majority rule. This …


Tax Competition And The Case Of Bank Secrecy Rules: New Trends In International Tax Law, Linneu De Albuquerque Mello Jan 2012

Tax Competition And The Case Of Bank Secrecy Rules: New Trends In International Tax Law, Linneu De Albuquerque Mello

SJD Dissertations

The current integration of world markets has led to an increase in the competition for businesses in addition to the competition for passive investments that already existed. In addition, the current financial crisis led countries to search for additional sources of revenue in order to work within their budget constraints. As tax is an area where such competition is more visible, it has also generated an effort – mainly from industrialized countries and international organizations – to curb tax practices deemed harmful to world economy. Bank secrecy rules and lack of transparency are aspects of these "harmful" tax practices. This …


Protecting Minority Shareholders In Civil And Common Law Systems: Canadian, Ukrainian And German Examples, Iushchenko Igor Sergiiovych Jan 2012

Protecting Minority Shareholders In Civil And Common Law Systems: Canadian, Ukrainian And German Examples, Iushchenko Igor Sergiiovych

LLM Theses

This thesis analyses minority shareholder protection in common law and civil law systems. Principally, this is done by examining closely-held corporations created under Canadian, Ukrainian and German laws. It examines minority shareholder protection by critically analyzing voting and related rights, the right to information; withdrawal from the company, expulsion right, the dissolution of a company, derivative action and direct action. The thesis also summarizes problems in the civil law system that cannot be solved in favor of minority shareholders. In addition to the above-mentioned, it provides possible solutions to the problems of minority shareholder protection in the civil law system, …