A disgruntled shareholder - whether an activist investor, a founding shareholder who has lost confidence in management, or an institutional investor reacting to a governance failure - has real and powerful legal tools available to mount a challenge to board composition. Under the Companies Act 2006, removing a director is, in procedural terms, relatively straightforward. The question is not whether shareholders can do it, but whether your board is prepared to manage, resist, or survive the attempt.
When a disgruntled shareholder moves against your board, time is of the essence. This session covers the immediate legal steps to challenge or contain a coup, the governance measures that should have been in place already, and the remedies available when the worst happens.