Shareholder Agreements & Director Disclosure Duties

Wednesday, 5 March 2025
Description

Attend and earn 1 CPD hour

* This interactive online recording includes questions and quizzes requiring critical thinking about the topics, so you have no annual limits to the number of points/hours you can claim with this format of learning. Please verify with your CPD rules 

Learning Objectives:
  • Understand directors’ disclosure obligations under Section 149 of the Companies Act
  • Learn how to manage disclosures in shareholder agreements to ensure compliance and reduce transaction risk
Chair

Aasha Foley, Managing Partner, iCLAW Culliney Partners

Disclosures in Shareholders: Addressing Section 149 of the Companies Act

 

  • Obligations under Section 149 Companies Act, focusing on directors’ duty to disclose information that could impact the share purchase price
  • Gain expert insights into managing disclosures in shareholder agreements to ensure compliance and mitigate risks in transactions 

Presented by Bret Gustafson, Barrister, FortyEight Shortland

Presenters


Bret Gustafson, Barrister, FortyEight Shortland
Bret Gustafson has practised as a court lawyer for the last 27 years. He was a litigation partner at Kensington Swan from 2000 to 2009. In April 2009 he moved from practice as a barrister and solicitor to practice as a barrister sole and has chambers at Level 31 of the Vero Centre in Shortland Street Auckland. Bret has appeared as senior counsel in the Privy Council and in two Supreme Court cases, winning all three. In the last two years Bret has been instructed on 4 appeals to the Court of Appeal and has won 3 of those appeals. Bret regularly advises on commercial disputes including shareholder disputes, PPSA issues and banking and insolvency law. He appears regularly in mediations, arbitrations and in the High Court on injunction applications and trials.


Aasha Foley, Managing Partner, iCLAW Culliney Partners
Aasha Foley is the driving force behind iCLAW, blending legal expertise with business acumen to deeply understand her clients' commercial realities. As Managing Partner, Aasha leads a team and its operations across iCLAW’s Waikato and Bay of Plenty offices, while simultaneously advising her clients as a specialist commercial lawyer.  Aasha has extensive experience advising clients across a wide range of commercial agreements associated with business ownership and investment, mergers and acquisitions, and the commercialisation of intellectual property, and a strong background in corporate governance, structuring, and finance.  Aasha’s experience and special interests extend across commercial advice for key person management, employment, health and safety, and privacy. Aasha is known as a ‘contract specialist’ with an unwavering work ethic that achieves exceptional results. Her strategic thinking, sharp instincts and foresight make her a reliable lawyer. As a mother of two, she carefully balances family and career, providing valuable guidance to her clients while serving as a role model to her children.  While practising law on a day-to-day basis, Aasha juggles the logistics of leadership, management and operations at iCLAW. Known for her ability to identify opportunities and anticipate outcomes, Aasha is an insightful, precise, and pragmatic legal advisor and business owner.

Wednesday, 5 March 2025
Description

Attend and earn 1 CPD hour

* This interactive online recording includes questions and quizzes requiring critical thinking about the topics, so you have no annual limits to the number of points/hours you can claim with this format of learning. Please verify with your CPD rules 

Learning Objectives:
  • Understand directors’ disclosure obligations under Section 149 of the Companies Act
  • Learn how to manage disclosures in shareholder agreements to ensure compliance and reduce transaction risk
Chair

Aasha Foley, Managing Partner, iCLAW Culliney Partners

Disclosures in Shareholders: Addressing Section 149 of the Companies Act

 

  • Obligations under Section 149 Companies Act, focusing on directors’ duty to disclose information that could impact the share purchase price
  • Gain expert insights into managing disclosures in shareholder agreements to ensure compliance and mitigate risks in transactions 

Presented by Bret Gustafson, Barrister, FortyEight Shortland

Presenters


Bret Gustafson, Barrister, FortyEight Shortland
Bret Gustafson has practised as a court lawyer for the last 27 years. He was a litigation partner at Kensington Swan from 2000 to 2009. In April 2009 he moved from practice as a barrister and solicitor to practice as a barrister sole and has chambers at Level 31 of the Vero Centre in Shortland Street Auckland. Bret has appeared as senior counsel in the Privy Council and in two Supreme Court cases, winning all three. In the last two years Bret has been instructed on 4 appeals to the Court of Appeal and has won 3 of those appeals. Bret regularly advises on commercial disputes including shareholder disputes, PPSA issues and banking and insolvency law. He appears regularly in mediations, arbitrations and in the High Court on injunction applications and trials.


Aasha Foley, Managing Partner, iCLAW Culliney Partners
Aasha Foley is the driving force behind iCLAW, blending legal expertise with business acumen to deeply understand her clients' commercial realities. As Managing Partner, Aasha leads a team and its operations across iCLAW’s Waikato and Bay of Plenty offices, while simultaneously advising her clients as a specialist commercial lawyer.  Aasha has extensive experience advising clients across a wide range of commercial agreements associated with business ownership and investment, mergers and acquisitions, and the commercialisation of intellectual property, and a strong background in corporate governance, structuring, and finance.  Aasha’s experience and special interests extend across commercial advice for key person management, employment, health and safety, and privacy. Aasha is known as a ‘contract specialist’ with an unwavering work ethic that achieves exceptional results. Her strategic thinking, sharp instincts and foresight make her a reliable lawyer. As a mother of two, she carefully balances family and career, providing valuable guidance to her clients while serving as a role model to her children.  While practising law on a day-to-day basis, Aasha juggles the logistics of leadership, management and operations at iCLAW. Known for her ability to identify opportunities and anticipate outcomes, Aasha is an insightful, precise, and pragmatic legal advisor and business owner.

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Shareholder Agreements & Director Disclosure Duties

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Single Session
CPD Hours 1
$130.00
On Demand 20250718 20250305

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