Tag

Joint Ventures

Advice for sincerely deluded directors and others

As Flanders and Swann once sang (or at least Flanders once said), ‘always be sincere – whether you mean it or not’. But things are even more complicated nowadays in the world of corporate law and directors’ duties, and this recent case shows that it is not enough to be sincere even if you mean it if you are actually deluded in thinking you are being honest. Or something like that.

Law and faith

What does the expression ‘good faith’ mean when you put it in a shareholders agreement?