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    imikiyo's Avatar
    imikiyo Posts: 1, Reputation: 1
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    #1

    Sep 25, 2010, 08:48 PM
    Sample case study of breach of contract law
    Our company had suffered declining profit since 4 years ago and our manager have not declared a dividend for 3 years and did not call for AGM last year in order to avoid facing shareholders. As a part of shareholder in the company, what should we do?
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    #2

    Sep 26, 2010, 06:48 AM

    Title suggests this is homework, which we don't do. But the way the question is phrased, so I will give you the benefit of the doubt:

    Get new management.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #3

    Sep 26, 2010, 06:52 AM
    Quote Originally Posted by imikiyo View Post
    As a part of shareholder in the company, what should we do?
    Hello I:

    Shareholders OWN the company. They need to FIRE the managers.

    excon
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    #4

    Sep 26, 2010, 06:59 AM

    It's not really a "legal" issue, that I can see.
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