Directors Beware: Indemnity in a Company’s Constitution is not Foolproof

28 June, 2022
The constitution (formerly known as articles of association) of companies in Malaysia generally contains an indemnity provision in favour of directors, indemnifying them against liabilities (for example, associated legal fees and financial costs) incurred by the directors in defending legal suits by third parties where judgement has been given in their favour in respect of … Read more

The rise of ESG – implications on the duty to act in the best interest of the company

31 March, 2022
Globally, there has been an increasing recognition that the conduct of a company affects various stakeholders around it, and that companies should have regard to environmental, social, human, and economic considerations. These considerations – commonly referred to as ESG considerations – once seen as a voluntary part of companies' corporate governance framework, are now rapidly being enacted into hard law across different jurisdictions. Read more