There are two types<\/i><\/b> of corporate lawyers. \u00a0The first type make things happen. \u00a0They deal with merger and acquisition, so that companies can grow bigger and business may flourish. \u00a0These are the best jobs as the lawyers see happy parties and cheerful faces.<\/p>\n
The second type<\/i><\/b> of corporate lawyers, they come in when things go south. \u00a0The originally happy faces become angry or worried about the manner the corporation had been handled by their friends.<\/p>\nWe belong by and large to the second type.<\/h3>\n
In our days, we have seen the need for a partner (essentially a shareholder) having to get an order from the court to enter the premises of another partner\u00a0(essentially another \u00a0shareholder) to search for documents that are at risk of being destroyed. \u00a0 This type of injunction we call it an Anton Pillar Injunction.<\/i><\/b><\/p>\n
There are instances where the shareholder has “disappeared” or refused to come for board meetings and we had to wind up (close) the company, otherwise the company will have to continue to submit audited reports and other statutory requirements.<\/p>\n
There is one instance we assisted a son who faced winding up of the father and son company after the father had taken a huge loan and the creditors took action to wind up the Company.<\/p>\n
There is one instance when the transfer of \u00a0shares was delayed and our clients were ordered by the court to pay damages of RM74 million and we reduce that RM74 million to nothing…<\/p>\n
These are the scope of the Corporate Law we practise.<\/p>\n