Topic: Liability and Compliance

We can help you understand your status with regard to liability and compliance

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The Regulator - When are directors liable?

1 June 2017 | John Price

John Price explains why the outcome of a recent court case sheds new light on the parameters of directors’ liability for breaches by a company.

Liability and Compliance

New study questions enforcement of directors’ duties in Australia

25 May 2017 | Tony Featherstone

Important new Melbourne Law School study sheds light on the application of penalties for company directors

New reforms for director liability proposed by academics

25 May 2017 | Tony Featherstone

Deakin University researchers have put forward new ideas for reforming director liability in Australia. The GLC’s Tony Featherstone speaks to the authors.

Final steps to safe harbour law reform

10 May 2017 | Matthew McGirr

In significant news for all directors, the Australian Government released draft legislation for insolvency law reform that includes a proposal to introduce a safe harbour for directors from insolvent ...

What keeps directors awake at night: insights from the Director Sentiment Index

10 May 2017 | Carissa Simons

Every six months, as part of the Director Sentiment Index, the AICD asks members what issues are ‘keeping them awake at night’. Carissa Simons, the AICD’s Media Manager, runs through the current chall...

Former chairman of AWB Limited fined and banned for duty of care breach

12 April 2017 | Lysarne Pelling

In a cautionary tale for directors, former AWB Chairman Trevor Flugge was this week fined in connection with the Iraqi ‘oil for wheat’ scandal. AICD Senior Policy Adviser Lysarne Pelling explains the ...

Proposed insolvency reforms signal good news for directors and the economy

29 March 2017

In welcome news for directors and the economy, the Federal Government has introduced draft legislation for insolvency law reform that includes a proposal to introduce a safe harbour provision.

Are you prepared to ensure your organisation’s solvency?

29 March 2017

A new pilot program, Company Directors Course Specialisation: Ensuring Solvency, will help directors make the right calls overseeing organisations in financial stress and navigating Australia’s harsh ...

Court opens the way to a class action rush

14 December 2016 | Ruth Overington

A landmark court decision could usher in another wave of class action litigation with cases to be larger and more complex than ever before.

New legal opinion connects directors’ duties and climate change risks

8 November 2016 | Louise Petschler MAICD

Directors need to be considering how climate change might affect their business or they could be opening themselves up to litigation, a Sydney silk argues in a new legal opinion. Louise Petschler, the...

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