Director’s Legal Duties - Attitude, Attention and Approach

Major corporate failures in cyber security and privacy have focused the public’s attention on the role and liability of company directors. Directors of all Australian companies are subject to a broad range of legal duties, which cover managing conflicts of interest, making private benefits, acting in good
faith, the duty of care, acting properly and avoiding insolvent trading.

This webinar will provide an essential update on several important recent cases and provide an overview of the legal framework for directors’ duties in Australia, including how those duties may apply with cyber security and privacy breaches covering:                          

• Attitude:

            - the duty to act in good faith,

            - for a proper purpose; and 

            - in the best interests of the corporation.

• Attention:

            - duties covering care,

            - skilland diligence; and

            - solvency of the corporation.

• Approach:

            - to your accompanying governance role

            - to board and organisational culture

Directors’ duties are enforceable by the company as well as by ASIC and there are dozens of new cases every year, so if you are seeking a refresher and the latest developments, or contemplating embarking on a board career for the first time, join us for a practical exploration of directors’ duties and contemporary issues.