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Title of Article

PROTECTION OF CORPORATE RIGHTS FROM UNREASONABLE AND UNFAIR ACTIONS OF THE DIRECTORS OF THE CORPORATION


Issue
3
Date
2024

Article type
scientific article
UDC
347.191.3, 347.191.43
Pages
112-123
Keywords
 


Authors
Levashov V.K.
Natsionalnyy issledovatelskiy Nizhegorodskiy gosudarstvennyy universitet im. N.I. Lobachevskogo


Abstract
The paper examines the issue of possible legal remedies that company members can use to protect their rights from unreasonable and dishonest actions of the corporation directors. The author comes to the conclusion that currently the most available remedy of protection for members is a derivative action to recover damages from the directors of the company; the use of other legal remedies is either impossible or seriously complex due to legal restrictions. Authorproposed a new approach to justify the admissibility of a corporation member challenging decisions made by a subsidiary of the corporation in the event that the directors of the corporation participating in the vote go beyond the powers granted to them or vote for a decision that is clearly aimed at the detriment of the corporation.

File (in Russian)