All company directors have one overarching duty which is to promote the success of their business.  This duty on one hand seems a simple notion but, as Mark Glenister a specialist in Commercial Law at JPP Law explains, differences of opinion about how success will be achieved can lead to boardroom disputes and have a detrimental effect on the company's success.

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If your business is involved in a dispute and it is proving impossible to reach an agreement, then it may be time to seek professional advice from a third party.  Rather than heading straight to court, an alternative approach is to attempt to seek a resolution via mediation.

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Power among the shareholders of a company is generally measured by the size of their shareholdings and accordingly their voting rights.  Usually, the more shares you hold the more power you have over the company itself.

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A retention of title clause can be a useful way to protect yourself in business if you supply goods on credit, as it provides you with a form of insurance if your customers fail to pay you.  Depending on how the clause is drafted you will either have the right to take your goods back or to claim a stake in any money the customer has received from selling them on.  Used appropriately they can be very effective.

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