The Answer to Social Distancing: Hybrid and Virtual Meetings
With the implementation of social distancing directives, corporations are struggling to keep their business afloat and are looking for alternatives to in-person directors' meetings and annual general meetings of shareholders. A powerful tool available to corporations is to hold hybrid or virtual meetings. Hybrid meetings are held at a physical location, while virtual meetings are not, but in both cases participants are connected by electronic means (i.e. telephone, electronic or other communication) as to permit them to communicate with each other simultaneously and instantaneously, and allow them to cast their votes in real time as well as ask questions.
Best practices should be exercised. Should you require advice on procedural matters to conduct such virtual meetings within the applicable legislation, we encourage you to contact the undersigned or Sicotte Guilbault’s business law group.
Our team at Sicotte Guilbault is diligently working remotely to service all of your legal needs and address any legal concerns you may have during this crisis.
by: Roy Machaalany -
posted on: April 22, 2020