Question # 1. When considering financing options for a company seeking to expand or trying to stay afloat, what are the key factors that the board and management should consider? 

Question # 2. In your view, did the old AWT board adequately discharge its duties? Do you think the board acted appropriately when the business started to deteriorate? 

Question # 3. Do you think the board could have done more to avoid the boardroom tussle? 

Question # 4. Do you think the directors were resigning too easily? Do you find the reasons for their resignation acceptable? Under what circumstances should a director resign? 

Question # 5. Identify any corporate govce deficiencies in AWT’s board of directors - both the old and new board. 

Question # 6. A common complaint amongst shareholder activists in the U.S. is that shareholders have no rights because it is difficult for them to appoint directors of their choice or to remove directors. To what extent should shareholders be given the power to appoint or remove directors? In AWT’s case, do you think the substantial shareholder’s action in removing incumbent directors and appointing new directors was beneficial to AWT? 

Answer rating: 100% (QA)

1 The biggest factor that needs to be considered is how will the financing be repaid and pay itself Most financing is used to fix a problem in the business with little thought given to the actual math ... View the full answer