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QUESTION

The Aotearoa New Zealand Shareholders' Association (ANZSA) approaches you for help. There appears to be confusion among ANZSA members about when they may apply to the court for a derivative action and

The Aotearoa New Zealand Shareholders' Association (ANZSA) approaches you for help. There appears to be confusion among ANZSA members about when they may apply to the court for a derivative action and when they may claim prejudice.

Make a plain language guide for ANZSA members which  explain the key differences between the two actions and when they may be used with reference to NZ Law( ie companies act 1993)

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