Director Liability Article Results

• Inside Your Institute Work Place Health and Safety Taking the lead in workplace safety

  Content Type: CDM Article

  01 Jun 2010

  Gabrielle Upton reports on a recent panel discussion that focused on what will be expected of directors under new work health and safety laws. Taking the lead in workplace safety In December 2009, the Workplace Relations Ministers Council endorsed the Model Work Health and Safety Bil...

• Inside Your Institute Company Directors Course Establishing director knowledge

  Content Type: CDM Article

  01 May 2010

  Why the Company Directors Course and its update will help you stay in touch and ahead of the pack. Establishing director knowledge The Company Directors Course is a comprehensive and credible learning program for directors. Our flagship program encompasses current thinking and re...

• Featherstone The growing REM headache

  Content Type: CDM Article

  01 May 2010

  Tony Featherstone reports on how problematic executive remuneration is becoming for directors. The growing REM headache The executive pay debate has focused mostly on the link between CEO pay and performance and board effectiveness in setting appropriate remu...

• Feature Should litigation funders be regulated

  Content Type: CDM Article

  01 Mar 2010

  With the number and costs of class actions rising in Australia, Domini Stuart investigates whether litigation funders should be regulated. Should litigation funders be regulated? Should litigation funders be regulated? They operate like lawyers but do not have the same regulatio...

• Directors Counsel Not far enough

  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...

• News Views November 09

  Content Type: CDM Article

  01 Nov 2009

  States’ poor report card Most Australian states have failed a new test that measures their “business-friendliness” from a director liability standpoint. AICD’s new Boardroom Burden Report Card examined each state and territory’s legal regime to determine how much it imposes liability on directors, ...

• 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...

• Viewpoint Effective boardroom information

  Content Type: CDM Article

  01 Nov 2009

  At the end of September, AICD and Teradata hosted a discussion on how directors can ensure they get good quality information that facilitates effective boardroom decision-making. Effective boardroom information Boards make vital decisions every day, from whether a company is a going concern an...

• 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...

• Interview QA with Tom Phillips

  Content Type: CDM Article

  01 Aug 2009

  The chair of the new Safe Work Australia Council talks to Tony Featherstone about the direction of OH&S law in Australia and how directors can step up to the challenges. Q&A with Tom Phillips Few topics are as important for company directors as occupational health and saf...

• Feature Is it worth being a NED

  Content Type: CDM Article

  01 Aug 2009

  Domini Stuart investigates whether the rewards still outweigh the risks of being a non-executive director. Is it worth being a NED? Key points Personal liability and reputational risks of being a NED are high D&O insurance costs are rising and conditio...

• Profile Rick Lees third career

  Content Type: CDM Article

  01 Jun 2009

  Rick Lee talks to Zilla Efrat about why he chose independent directorship as his third career and the challenges faced in the downturn. Rick Lee’s third career Rick Lee FAICD is busily enjoying his third career in life – being an independent director. He is chairman of Salmat and...

• Feature Director liability in the eye of the storm

  Content Type: CDM Article

  01 May 2009

  Gabrielle Upton was a panellist for a discussion on director liability at the Clayton Utz 12th Risky Business conference. She reports on the highlights of the discussion. Director liability in the eye of the storm Clayton Utz’s annual Risky Business conference held on 31 Ma...

• Inside AICD Climate change Directors and the carbon economy

  Content Type: CDM Article

  01 May 2009

  Gabrielle Upton details AICD’s recent submissions on the Carbon Pollution Reduction Scheme Bill. Directors and the carbon economy Climate change is an issue that requires the focus of directors because it represents a commercial, financial, risk management and compliance challenge as well as a ...

• Inside AICD Spotlight on Market Integrity

  Content Type: CDM Article

  01 Apr 2009

  Gabrielle Upton comments on AICD’s recent submission to the Corporations and Market Advisory Committee’s issues paper on aspects of market integrity. Spotlight on Market Integrity Market integrity has become a focal point for regulators and market participants in the wake of the global fina...

• Directors Counsel The perils of seeking immunity

  Content Type: CDM Article

  01 Nov 2008

  Professor Bob Baxt discusses the unexpected results of obtaining immunity for breaches of the trade practices or corporations laws. The perils of seeking immunity A culture has developed among corporate operators in both large and small organisations in Australia to seek immunity from pr...

• Green s Piece Asleep at the wheel Sep 08

  Content Type: CDM Article

  01 Sep 2008

  John M Green praises the dumb question. Asleep at the wheel “The idiots were simply asleep at the wheel!” When a company lurches into crisis, as too many have lately, many critics pelt the drivers with similar invective. Caustic criticism is often warranted.Yet, it’s rare for those a...

• Law Firms Risky business Sep 08

  Content Type: CDM Article

  01 Sep 2008

  The role of a director comes with many potential liabilities. Here’s what lawyers list as the current and emerging risks that directors need to be wary about. Risky business Being a director has always been a risky business. As Addisons Commercial Lawyers partner Philip Stern notes: “There is ...

• Director s Counsel Long after we ve parted Aug 08

  Content Type: CDM Article

  01 Aug 2008

  A recent judgment shows that fiduciary obligations continue even after business relations come to an end. Professor Bob Baxt reports. Long after we’ve parted In many business situations involving non-public companies, where a partnership or a joint venture converts its...

• Feature The dangers of advisory boards Aug 08

  Content Type: CDM Article

  01 Aug 2008

  There’s no hiding behind the title of advisor. Ben McLaughlin and Antonia Abelson warn that being on an advisory board may come with fiduciary obligations. The dangers of advisory boards We predict a growing trend in Australia for people to be invited to join an advisory...