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Supreme Court of Canada affirms dismissal of Danier Leather shareholder class action
- Norton Rose Canada LLP
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- Canada
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- October 19 2007
On October 12, 2007 the Supreme Court of Canada issued its decision in the shareholder class action suit Kerr v. Danier Leather Inc
ASIC fails to build case against Fortescue CEO
- Norton Rose LLP
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- Australia
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- July 29 2010
The corporate regulator's recent track record in relation to the prosecution of directors continued on 23 December 2009 when Justice Gilmour of the Federal Court handed down judgment in Australian Securities & Investments Commission v Fortescue Metals Group Ltd
The James Hardie decision: Australian Securities & Investments Commission v MacDonald
- Norton Rose LLP
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- Australia
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- July 29 2010
The Australian Securities & Investments Commission (ASIC) commenced civil proceedings in the Supreme Court of NSW against James Hardie Industries Limited (JHIL), James Hardie Industries NV (JHINV), seven former non-executive directors and three former executives of JHIL for breaches of the Corporations Act 2001 (Cth) (the Act) in relation to the preparation and approval of public statements
The James Hardie decision
- Norton Rose LLP
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- Australia
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- August 31 2009
The Australian Securities & Investments Commission (ASIC) commenced civil proceedings in the Supreme Court of NSW against James Hardie Industries Limited (JHIL), James Hardie Industries NV (JHINV), seven former non-executive directors and three former executives of JHIL for breaches of the Corporations Act 2001 (Cth) (Act) in relation to the preparation and approval of public statements
Corporate regulator fails against One.Tel directors
- Norton Rose LLP
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- Australia
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- July 29 2010
On 18 November 2009, Justice Austin of the New South Wales Supreme Court ruled in favour of two former directors of failed telecommunications company One.Tel, following an extended trial that lasted for more than 200 days of hearing
The James Hardie decisions: Australian Securities & Investments Commission v Hellicar & Ors 2012 HCA 17; Shafron v Australian Securities & Investments Commission 2012 HCA 18
- Norton Rose LLP
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- Australia
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- May 4 2012
The full bench of the High Court of Australia yesterday overturned the NSW Court of Appeal Decisions in Morley v Australian Securities and Investments Commission (No 2) and Shafron v Australian Securities and Investments Commission (No2) holding that seven non-executive directors and the company secretarygeneral counsel of James Hardie Industries Ltd (JHIL) breached their duties as directors or officers of the company in relation to the release of a misleading announcement to the Australian Stock Exchange (ASX
The James Hardie decisions
- Norton Rose Australia
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- Australia
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- June 8 2012
The full bench of the High Court of Australia yesterday overturned the NSW Court of Appeal Decisions in Morley v Australian Securities and Investments Commission (No 2) and Shafron v Australian Securities and Investments Commission (No2) holding that seven non-executive directors and the company secretarygeneral counsel of James Hardie Industries Ltd (JHIL) breached their duties as directors or officers of the company in relation to the release of a misleading announcement to the Australian Stock Exchange (ASX
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