To further understand why BHP Hilton is considered as the main stakeholder looking into the definition of it is vital in order to establish the claim. The legal definition of it according to Lectric Law Library's Lexicon defined stakeholder as "STAKEHOLDER - A third person, chosen by two or more persons, to keep in deposit property, the right or possession of which is contested between them and to be delivered to the one who shall establish his right to it. Thus each of them is considered as depositing the whole thing. This distinguishes this contract from that which takes place when two or more tenants in common deposit a thing with a bailee.
The duties of a stakeholder are to deliver the thing holden by him to the person entitled to it on demand. It is frequently questionable who is entitled to it. ...Show more