Articles
Directors’ duties to creditors and for corporate solvency
Authors: Paul O’BrienThis article provides a general overview of the duties owed under Australian law (both under statute and at general law) by company directors regarding creditors and corporate solvency.
Significant cases, legislation or articles referred to
- Section 588G of the Corporations Act 2001
- Box Valley Pty Ltd v Kidd & Anor 2006 NSWCA 26
- Shepherd v ANZ Banking Corp Limited (1997) 15 ACLC 1802
- ASIC v Edwards [2005] NSWSC 831
- ASIC v Plymin, Elliott & Harrison [2003] VSC 123
- Hawkins v Bank of China (1992) 26 NSWLR 562
- Section 95A of the Corporations Act 2001
- Southern Cross Interiors Pty Ltd and Anor v Deputy Commissioner of Taxation and Ors[2001] NSWSC 621
- Morley v Statewide Tobacco Services Limited (1993) 1 VR 423
- Daniels (formerly practising as Deloitte Haskins & Sells) v Anderson (AWA Case) (1995) 37 NSWLR 438
- ASIC v Adler and 4 Ors [2002] NSWSC 171
- New World Alliance Pty Limited (Receiver and Manager Appointed) Sycotex Pty Limited v Lutz Clemens Wolfgang Baseler; John Raymond Carlyle; Bruce Craig Munro and Wijeyanayagam Wijeyamohan [1994] FCA 1117
- Hall & Ors v Poolman & Ors [2007] NSWSC 1330