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The James Hardie decision: liability for general counsel and company secretaries
- Bell Gully
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- Australia, New Zealand
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- August 20 2012
In a decision that sparked widespread concern in Australia, the High Court of Australia has ruled that James Hardie's general counsel and company secretary owed the company a duty of care under the Australian Corporations Act: Shafron v ASIC 2012 HCA 18 (the James Hardie decision
The Lombard verdict: important lessons for directors
- Bell Gully
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- New Zealand
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- May 7 2012
The spectacular collapse of dozens of finance companies continues to play out in the courtroom, this time in the form of criminal prosecutions of directors for allegedly defective disclosures in prospectuses, investment statements and advertisements (offer documents
The Bridgecorp decision more convictions for defective disclosures
- Bell Gully
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- New Zealand
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- April 17 2012
In the latest criminal case against the directors of a failed finance company for defective disclosures in offer documents, directors of Bridgecorp Limited were found guilty this month of offences under the Securities Act, Crimes Act and Companies Act: R v Petricevic 2012 NZHC 665 (the Bridgecorp decision
The Lombard decision: more important lessons for directors
- Bell Gully
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- New Zealand
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- March 8 2012
The High Court has again found that the directors of a failed finance company are guilty of breaches of the Securities Act
D&O insurance policies: will your defence costs be covered?
- Bell Gully
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- New Zealand
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- September 21 2011
A directors and officers (D&O) liability insurance policy typically serves two purposes
