This article analyzes the case of ASIC v Flugge & Geary [2016] VSC 779 and the director duties breached under Corporations Act. It covers the facts of the case, reasons for breach of director duties, decision given by the court and its relevance. The case highlights the importance of fulfilling director duties and the negative consequences of not following the required laws.

HA3021 CORPORATIONS LAW 2018 GROUP ASSIGNMENT

Research and write a report on an Australian case involving breach of company director's/officer's duties under the Corporations Act 2001 (Cth).

Read about the case of ASIC v Flugge & Geary [2016] VSC 779 and the analysis of director duties under Corporations Act. Learn about the breaches, decision given by the court and its relevance.

Analysis of Director Duties in ASIC v Flugge & Geary [2016] VSC 779

Director Duties in ASIC v Flugge & Geary [2016] VSC 779

Evidence

The case of ASIC v Flugge & Geary [2016] VSC 779 analyzed the matter of director duties in the context of contraventions of section 180 and section 181 of Corporations Act. The court found that the first director, Flugge, had breached section 180(1) by not ensuring that the inland transport fee got the required approval from United Nations. However, all four allegations made by ASIC against the second director, Geary, were dismissed by the judges. This case highlights the importance of fulfilling director duties and questioning suspicious matters.

Hartpury University and Hartpury College

Political Science

Securities Regulation

Our Lady of Assumption College

Business and Corporation Law Assignment (Sample)

Presentation

This presentation provides an analysis of the court's decision in the case ASIC v Flugge (No 2) [2017] VSC 117, focusing on the breaches of directors' duties under the Corporations Act 2001. It discusses the relevant sections of the act, the facts of the case, the court's decision, and the relevance and impact of the decision. The presentation concludes with a summary of the case and its implications.

Director Duties in ASIC v Flugge & Geary [2016] VSC 779

Director Duties in ASIC v Flugge & Geary [2016] VSC 779

Business and Corporation Law Assignment (Sample)

ASIC v Flugge (No 2) [2017] VSC 117 - Analysis of Breaches of Directors' Duties under the Corporations Act 2001

HI6027 Assignment on Business & Corporations Law

Business and Corporate Law (doc)

Corporation Law Assignment PDF

Director Duties in ASIC v Flugge & Geary [2016] VSC 779

Director Duties in ASIC v Flugge & Geary [2016] VSC 779lg...

Business and Corporation Law Assignment (Sample)lg...

ASIC v Flugge (No 2) [2017] VSC 117 - Analysis of Breaches of Directors' Duties under the Corporations Act 2001lg...

HI6027 Assignment on Business & Corporations Lawlg...

Business and Corporate Law (doc)lg...

Corporation Law Assignment PDFlg...

Director Duties in ASIC v Flugge & Geary [2016] VSC 779

Business and Corporation Law Assignment (Sample)

ASIC v Flugge (No 2) [2017] VSC 117 - Analysis of Breaches of Directors' Duties under the Corporations Act 2001

HI6027 Assignment on Business & Corporations Law

Business and Corporate Law (doc)

Corporation Law Assignment PDF