Tony Wassaf

Tony Wassaf

Jones Day

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Federal Court of Australia Finds Liquidator's Breach of Duty Claim Against Directors of Holding Company Valid

The Situation: The question in Termite Resources NL (in liq) v Meadows, in the matter of Termite Resources NL (in liq) (No 2) [2019] FCA 354 was whether, in circumstances where the strategic, managerial and major operational...more

8/20/2019  /  Australia , Board of Directors , Breach of Duty , Distribution Rules , Duty of Care , Holding Companies , Liquidation , Shareholders' Agreements , The Corporations Act
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