This assignment delves into the potential for a successful action against directors of Koala Pty Ltd by Khaled and Kanye. It focuses on establishing if these directors were liable for breaching their duties. The analysis involves examining legal arguments, relevant case law like ASIC v Mariner Corporation Limited [2015] FCA and ASIC v Maxwell & Ors [2006] NSWSC, and scholarly works on director duties of care and skill, fiduciary obligations, and potential defenses.