LAW 534 Study Guide - Final Guide: Sun-Times Media Group, Enron Scandal, Sherron Watkins
30 Nov 2017
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Note that chapter 7 was about risk management from the corporation"s perspective such systems would not necessarily protect individuals. A short chapter with many practical observations though in some cases no clear answers: a difficult area to address. Discussion of hollinger international inc. case with a focus on mark kipnis former. Convicted for a failure to act but believed that the non-compete agreements were. Even if cleared of everything he has been wiped out financially. Authors note the problems in this area and have some suggestions about how the law general counsel legal might be improved. Formal creation of compliance officer position within different statutes clarification of obligations and responsibilities. Factors in r. v. bata industries could be used in creation of legislation particularly when determining whether an individual should be responsible for actions of subordinates (see text for factors) Even if not codified in legislation, authors" suggestions could be useful even as a organization"s policy.
