Adelaide Research & Scholarship
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https://hdl.handle.net/2440/64190
| Type: | Journal article |
| Title: | Judicial reconsideration of the nature of directors' duties in Australia |
| Author: | Varzaly, J. Villios, S. |
| Citation: | International Company and Commercial Law Review, 2010; 21(2):63-67 |
| Publisher: | Sweet & Maxwell Ltd |
| Issue Date: | 2010 |
| ISSN: | 0958-5214 |
| Statement of Responsibility: | Jenifer Varzaly and Sylvia Papadimitriou |
| Abstract: | The case of Australian Securities and Investments Commission v Macdonald (No.11) illustrates the increasing standard of review that directors appear to be subject to in Australia. The case related to the restructuring of the James Hardie group of companies and subsequent announcements falsely suggesting the sufficiency of funds to pay out asbestos claimants. The implications for directors are discussed. |
| Rights: | Copyright status unknown |
| Appears in Collections: | Aurora harvest Business School publications |
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