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Rodney has a number of authorized cures accessible to him on this case. He can convey a declare for breach of contract, alleging that Lily and Morris did not honour the phrases of their settlement once they appointed him as a director and diverted the dear authorities design contract away from Zap Graphic Pty Ltd.
There’s additionally a reason for motion for unjust enrichment if Rodney can present that he was getting used as merely a supply of cash with none promise or expectation of return on funding. Additional, Rodney might convey an motion for breach of fiduciary responsibility in opposition to Lil and Morris for failing to stick to their obligations as administrators which would come with honoring their settlement with him and never making choices with a view to profit themselves slightly than the corporate.
As well as, beneath shareholder oppression regulation Rodney could have grounds to argue that his rights have been unfairly restricted by Lily’s and Morris’ actions reminiscent of eradicating him from his place as director or denying dividends regardless of elevated earnings made doable via his funding. Lastly, since he was wrongfully faraway from his place at board conferences due solely to voicing opinions about pay raises taken by Lil & Morris -he could be eligible compensatory damages-pain struggling endured loss worth status suffered employment settings(Carrington et al., 2011).
References: Carrington MJ , Zettelmeyer G Stein JC . Involuntary job loss long-term earnings mobility Proof Italian administrative panel data2011 J Appl Econ 24: 163–84