Abstract
The article discusses the practical lessons for non-executives that could be learned from the James Hardie litigation. The case deals with directors' duties in a particular set of circumstances. The case also tackles the importance of board minutes and the processes for approving documents and how resolutions are approved. The role of external expert advisers and their advise in the Hardie litigation is cited.
| Original language | English |
|---|---|
| Pages (from-to) | 263-265 |
| Number of pages | 3 |
| Journal | Keeping good companies |
| Volume | 64 |
| Issue number | 5 |
| Publication status | Published - 2012 |
Keywords
- Corporations Act 2001
- James Hardie Industries
- company executives
- litigation
- reasonable care and diligence