Director Liability Article Results
This page is a collection of articles published in Company Director on the topic of Director Liability.
To see the most recent articles, please use the “Sort By / Date Descending” option below.
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Content Type:
CDM Article
01 Dec 2009
Professor Bob Baxt
argues that MINCO’s recently released principles governing director liability are a step in the right direction, but do not go far enough.
Not far enough
The announcement on 6 November by the Minister for Corporate Law Chris Bowen that the Ministerial Council for Corpo...
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Content Type:
CDM Article
01 Apr 2009
The number of companies going into liquidation has surged.
Tony Featherstone
reveals some of the lessons learnt from those at the coalface of corporate collapse.
Avoiding corporate collapse
More directors will be forced this year to make a life-changing decision: let t...
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Content Type:
CDM Article
01 Feb 2007
Michael Hughes, a partner at Minter Ellison, outlines how directors of Australian subsidiary companies can be confronted with stark challenges when an overseas parent company becomes insolvent.
Protecting your reputation and assets
A global corporation typically will operate in Australia throu...
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Content Type:
CDM Article
01 Nov 2006
Extend the statutory business judgement rule
The statutory Business Judgement Rule (BJR) was introduced with some fanfare in the CLERP 1 reforms, becoming law in 2000. It expands on the duty of care and diligence in the Corporations Act, providing a defence for directors and officers who might be a...
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Content Type:
CDM Article
01 Nov 2005
Increasing the load
When the Parliamentary Secretary to the Treasurer, Chris Pearce, announced on October 12 that there would be reforms to Australian insolvency laws, the first since the Harmer Report in the early 1990s, he also indicated that he would be referring the matter to the Corporati...
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Content Type:
CDM Article
01 Jun 2004
Expect to see further strong penalties against directors seen to ignore insolvent trading provisions Insolvent trading - the final say?
Expect to see further strong penalties against directors seen to ignore insolvent trading provisions
While the insolvent trading prohibition (section 588G of th...