Discuss directors and other company officers’ duty of care under the general law and corporations legislation in Australia with additional reference to ASIC v Rich (2003) and ASIC vs Macdonald (2009)

Question

Discuss directors and other company officers’ duty of care under the general law and corporations legislation in Australia with additional reference to ASIC v Rich (2003) 44 ACSR 682 and ASIC v Macdonald (No 11) (2009) NSWSC287.

Summary

The question belongs to Law and it is case analyzes for cases ASIC v Rich 2003 and ASIC v Macdonald 2009. Both these cases deal with the duties and responsibilities of directors of a company. And the judgments in these two cases are considered to be landmark judgments in the recent years. The solution has analyzes of these two cases.

Total Word Count 2837

 

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