At Foye Legal, we deliver strategic legal advice and tailored solutions to support your business across all areas of Corporate Governance. Operating a business in NSW means navigating complex legal and ethical obligations. Our dedicated team is here to help you stay compliant, minimise risk and ensure your operations meet the highest standards under Australian law—so you can focus on what you do best.
Directors’ Duties and Liabilities
Directors are entrusted with significant responsibilities and must act in the best interests of the company. Foye Legal provides guidance on directors’ duties under the Corporations Act 2001, such as acting in good faith, avoiding conflicts of interest, and exercising due care and diligence. We also assist in managing & mitigating liabilities, including addressing potential claims of breach of duty.
Effective risk management is essential for long-term business success. Our team helps businesses identify potential risks, implement mitigation strategies, and establish a solid framework for compliance with reporting obligations. We ensure your business meets transparency requirements and avoids costly penalties by adhering to financial reporting and corporate disclosure standards.
A strong governance framework begins with well-drafted corporate constitutions and shareholder agreements. These documents define the rules governing your business and protect the rights of stakeholders. At Foye Legal, we tailor these documents to align with your business’s goals, ensuring clarity, reducing disputes, and fostering smooth operations.
Whether you’re forming a new company or revising existing agreements, we ensure they are legally sound and fit for purpose.
Whatever stage of your business, you need the right lawyer by your side. If you’re looking to start a business, expand or you need support to get back on track, , Foye Legal are ready and willing to ensure your business is covered.
Seeking legal assistance early gives you control over your situation, helping you avoid complications and manage costs effectively. This guide provides practical tips, checklists, and key insights to help you confidently navigate legal processes to secure the best possible outcome.
Your first consultation is vital in safeguarding your interests and laying the foundation for the best possible outcome. At Foye Legal, we value the trust you place in us and are committed to providing clarity, strategy and unwavering support from day one.
The Corporations Act 2001 is the primary legislation regulating companies in Australia. It outlines rules for company registration, governance, director responsibilities, and financial reporting. Compliance is essential to avoid legal penalties and maintain your business’s integrity.
Directors must act in good faith, avoid conflicts of interest, exercise due care and diligence, and prioritise the best interests of the company. Breaching these duties can result in legal liabilities, including fines and disqualification.
A corporate constitution sets out the rules for managing a company, including the roles of directors, shareholder rights, and decision-making processes. It is a foundational document that ensures clarity and governance in business operations.
Risk management helps businesses identify, assess, and mitigate potential threats to operations, finances, and reputation. It ensures compliance with reporting obligations and safeguards the company’s long-term success.
A Shareholder Agreement outlines the rights and obligations of shareholders, processes for decision-making, dispute resolution mechanisms, and exit strategies. It is essential for protecting the interests of all parties and avoiding conflicts.
Send us your enquiry here or give us a call on 1800 996 994
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3/1 MEMORIAL DRIVE SHELLHARBOUR CITY NSW 2529
LEVEL 3, 63 MARKET STREET WOLLONGONG NSW 2500
contact us to make an appointment
3/1 MEMORIAL DRIVE SHELLHARBOUR CITY NSW 2529
LEVEL 3, 63 MARKET STREET WOLLONGONG NSW 2500
contact us to make an appointment
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