Category Archives: Directors

It is very unlikely that the company board rooms in the country are about to be abandoned by edgy directors (as feared by the defence lawyers) merely because of the Federal Court’s recent decision in Australian Securities and Investments Commission v Healey [2011] FCA 717. Of course the decision has moved the bar of diligence by directors a notch higher. It is not that anyone is signing a different tune. It has always been accepted that directors cannot dodge their … Continue reading →