Level: Advanced
CLE Units: 0
Speaker:
Bill Koeck, Partner, Blake Dawson
Aims
This paper discusses recent cases / new legislation that have clarified the significance of:
- The role of the Board and Senior Executives
- Continuous Disclosure
- Executive Remuneration
- Insolvent Trading
- Challenges for Boards in 2011
Cases and new legislation discussed include:
- ASIC v Rich [2009] NSWSC 1229
- Morley v ASIC (No 2); Shafron v ASIC (No 2) [2011] NSWCA 110
- James Hardie Industries NV v ASIC [2010] NSWCA 332
- ASIC v Fortescue Metals Group Ltd [2011] 274 ALR 731
- Jubilee Mines NL v Riley [2009] 253 ALR 673
ASIC v Healey [2011] (No Judgment) - Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Bill 2011
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