CORPORATIONS – officer’s duties under s 180(1) of the Corporations Act 2001 (Cth) – civil penalties – disqualification from managing corporations – where ASIC commenced civil penalty proceedings against eleven members of the executive team and board of the Star Entertainment Group Ltd in respect of alleged contraventions in the course of dealings with junkets and the group’s principal banker – where two defendants reached agreements with ASIC – where defendants have admitted contraventions and have otherwise clear records – whether the Court is satisfied that the penalties proposed by consent are
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Australian Securities and Investments Commission v Ryan [2024] FCA 1267
CORPORATIONS – duties of directors – allegation that defendant contravened statutory duties as a director under ss 180, 181(1)(a) and 182 of the Corporations Act 2001 (Cth) – where no allegation that defendant was motivated by or gained any personal benefit or advantage – where no allegation that creditors suffered any loss – where alleged…
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AEI Insurance Group Pty Ltd v Martin (No 4) [2024] FCA 1110
EMPLOYMENT – alleged breaches of employment contract by respondent – alleged breaches of equitable duty of confidence, fiduciary duties and statutory obligations under Corporations Act 2001 (Cth) ss 182 and 183 – where respondent resigned his employment – where 45 clients moved from the applicant to the respondent’s new employer – whether the respondent breached…
Original article available at: https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2025/2025fca0121
For more information, see the original judgement.
