Solicitor Found To Have Breached The Corporations Act For Assisting With Asset Stripping Activity.
Mondaq Business Briefing › Nbr. 2009, January 2009
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Solicitor Found To Have Breached The Corporations Act For Assisting With Asset Stripping Activity.
On 8 September 2009, in the matter of ASIC v Somerville & Ors [2009] NSWSC 934, the Supreme Court of NSW found that eight non-related directors of separate companies had breached their duties under the Corporations Act 2001 (Cth) (Act) by e...
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