|Main Lawyer Corporate Structure Business Buy/Sell Joint Venture Contract Operation Oil / Gas IPO Email|
CALGARY CORPORATE GOVERNANCE LAWYER
At Neufeld Legal PC, we are regularly engaged by corporations (whether through board of directors, sub-committee, or their officers, directors or shareholders) to advise on legal matters pertaining to a company's governance, compliance and disclosure requirements. Our objective is to guide and assist the company's leadership with the means to effectively operate the business from a legal perspective, such that it is capable of realizing operational efficiencies, while reducing its legal exposure in matters within its control.
In our role as legal counsel to various companies, we provide legal advice on a range of corporate governance matters, including:
» the development and implementation of corporate governance best practices
» the review and analysis of corporate actions relative to pertinent laws and regulations
» structuring of boards of directors and corporate committees
» the calling and running of directors meetings and shareholders meetings
» advising individual directors, officers and shareholders, or collectively boards of directors or corporate committees, relative to fiduciary responsibilities, conflicts of interest, takeover responses, etc.
» managing corporate compliance and related risks, i.e. corporate law, securities law, regulations, contracts, compensation, fiduciary duties, conflicts of interest
The significance of implementing and managing solid corporate governance practices cannot be understated, especially in an era when minor oversights and inadequate business practices can be the basis for lawsuits and challenges to the legitimacy of corporate actions. As such, it has become incumbent upon the leadership to manage the corporate entity correctly and draw upon the legal guidance of a knowledgeable and experienced corporate lawyer.
At Neufeld Legal PC, we are committed to providing legal guidance with respect to implementing and managing corporate governance matters. For further information with respect to our corporate governance practice, contact lawyer Christopher Neufeld at Chris@NeufeldLegal.com or 403-400-4092.
Corporate law in Calgary and Alberta is driven in part by statute and the interpretation / application thereof. A key statute is the Business Corporations Act (Alberta), with the following being a segment thereof that is of significance:
"Meeting on requisition of registered holders or beneficial owners of shares
142(1) The registered holders or beneficial owners of not less than 5% of the issued shares of a corporation that carry the right to vote at a meeting sought to be held may requisition the directors to call a meeting of shareholders for the purposes stated in the requisition, but the beneficial owners of shares do not hereby acquire the direct right to vote at the meeting that is the subject of the requisition.
142(2) The requisition referred to in subsection (1), which may consist of several documents in the same form, each signed by one or more registered holders or beneficial owners of shares, shall state the business to be transacted at the meeting and shall be sent to each director and to the registered office of the corporation."
It should nevertheless be noted that this represents merely an extract from the statute, with the full text being available at the following link. Also, it is advisable in almost all circumstances to engage knowledgeable legal counsel to deal with matters of a legal nature and how the provincial statute impacts your business.