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Disputes between shareholders can often be highly complex and sensitive in nature. Knowledgeable lawyers that specialize in commercial matters can help the parties resolve issues within the framework of Australian corporate law. Shareholders may find it particularly difficult to reach agreements regarding evaluation, finance and other related issues. A shareholder is an individual who owns stock in the company. Shareholder disputes often involve allegations of breach of fiduciary duty or fraud.
In simple words, fiduciary duties refer to fairness and loyalty in commercial practices. Directors and other employees of a company are expected by law to put the interests of the business first. Breach of fiduciary duty occurs when an individual acts against the best interests of the company or business or performs an action that is perceived as conflict of interest.