Nominee Directors

Nominee Directors are no different to other directors when it comes to fiduciary duties owed to the company whose board they serve on.

This overriding fiduciary duty is in preference to the interests of those who have nominated them.

Recent Posts

In South Africa, security over financial instruments is typically established through a pledge, cession in security, or a combination of...

Directors often delegate certain functions and tasks to company employees or rely on the advice of experts. However, under South African...

In South Africa, banking and finance transactions often involve suretyships and guarantees. A guarantor's obligation depends on what the...