Conflicts of interest Results

• Policy Update

  Content Type: CDM Article

  01 Sep 2012

  A monthly review of the Australian Institute of Company Directors’ policy and advocacy team’s key projects and issues. ACNC Bill Update On 15 August, the House of Representatives Standing Committee on Economics released its report entitled: Report on the Exposure Draft of the Au...

• Sunlight in an area of uncertainty

  Content Type: CDM Article

  01 Feb 2012

  Professor Bob Baxt discusses a recent court case that examined whether a director was in breach of his duties when he took up an opportunity rejected by his company.  Readers of this column will know that our law provides that directors should not allow a conflict of duty and interest to ...

• Inside Your Institute Conflicts of interest Aug10

  Content Type: CDM Article

  01 Aug 2010

  Our new e-learning course, Conflicts of Interest, will help you to understand and manage them. Conflicts of interest Conflicts of interest are best thought of as an ethical problem with legal ramifications rather than a strictly legal issue. ...

• Directors Counsel Protecting minorities from raids

  Content Type: CDM Article

  01 Apr 2010

  Professor Bob Baxt reviews a government proposals paper aimed at restricting access to company registers. Protecting minorities from raids The decision of the Full Federal Court in AXA Asia Pacific Holdings Limited v Direct Share Purchasing Corporation Pty Ltd [2009] FCAFC 15 provided a ...

• ASIC Report November 09

  Content Type: CDM Article

  01 Nov 2009

  Michael Kingston provides some recent examples of how ASIC has used enforcement to promote good governance. Enforcing good governance The Australia Securities and Investments Commission (ASIC) and AICD share a similar goal – to achieve the highest standards of governance and directorship...

• Feature The black white and grey of conflicts of interest

  Content Type: CDM Article

  01 Oct 2009

  Most directors will face a conflict of interest at some time in their careers. Domini Stuart investigates how they could arise and how they should be handled. The black, white and grey of conflicts of interest Key Points Most directors will face a conflict of interest at some po...

• Directors Counsel The doctrine of equitable contribution

  Content Type: CDM Article

  01 Sep 2009

  Professor Bob Baxt reviews a recent case that exposes the difficulties of superimposing personal obligations in the context of a company structure. The doctrine of equitable contribution It is a trite observation that under Australian law, when a company is created, even though the compa...

• Conflicts of Interest

  Content Type: CDM Article

  01 Apr 2007

  Takeover offers often give rise to significant conflicts of interest for senior management. Colin Galbraith examines the issues these situations give rise to for directors. Changing control can cause conflicts Conflicts of interest and duty affecting directors and senior management in corporat...

• Spoken Word

  Content Type: CDM Article

  01 Oct 2006

  As the responsibilities of company directors come under increased scrutiny, Middletons’ partner Adam Levine says ‘grey directors’ need to ensure all the checks and balances are in place if they are involved with the operations of a traditional special purpose vehicle. Grey directors need to ser...

• Law Reporter

  Content Type: CDM Article

  01 May 2006

  Professor Bob Baxt provides an overview of recent court decisions affecting the role and responsibility of directors. Many of the matters examined in the Law Reporter are discussed in greater detail in The Baxt Report published by Thomson Publishing. Directors in conflic...

• Auditor independence your obligations Asic Report

  Content Type: CDM Article

  01 Mar 2005

  Did you think auditor independence is strictly for the auditing profession to deal with? Not any more. Auditor independence: your obligations By Greg Pound, chief accountant, Office of Chief Accountant, Australian Securities and Investments Commission Did you think auditor independence is stric...