Conduct research about the âCentro caseâ and the legal actionsagainst DickSmith, described in the Australian Financial Reviewarticle by Adele Ferguson: âDick Smith directors hit with legalaction from receiverâ.
Using the AREA framework, find parallels of the situation ofDickSmith with the Centro case. Discuss with your group in class,the role of the board of directors as well as their relationshipwith the executive management of a company and consider whetherdirectors should be held personally liable in these cases.
Link to the âCentro Caseâ:https://www.brightlaw.com.au/centro-asic-v-healey-case-note-directors-duties-for-financial-statements/
Link to DickSmith Case:https://www.afr.com/business/retail/afr19adele-column-20170319-gv1fju
Compare and Find the Parallels of thesituation of DickSmith with the Centro case,
Dertermine what is the role of the board of director& Director's Liabilities in these case
Conduct research about the âCentro caseâ and the legal actionsagainst DickSmith, described in the Australian Financial Reviewarticle by Adele Ferguson: âDick Smith directors hit with legalaction from receiverâ.
Using the AREA framework, find parallels of the situation ofDickSmith with the Centro case. Discuss with your group in class,the role of the board of directors as well as their relationshipwith the executive management of a company and consider whetherdirectors should be held personally liable in these cases.
Link to the âCentro Caseâ:https://www.brightlaw.com.au/centro-asic-v-healey-case-note-directors-duties-for-financial-statements/
Link to DickSmith Case:https://www.afr.com/business/retail/afr19adele-column-20170319-gv1fju
Compare and Find the Parallels of thesituation of DickSmith with the Centro case,
Dertermine what is the role of the board of director& Director's Liabilities in these case