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Red Mine Pty Ltd

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Red Mine Pty Ltd (Red) is a wholly owned subsidiary of GM Limited (GML). Red has few, if any, assets of its own. In 2010, an employer of Red went on to the land adjoining its mine site and left the gate open. A valuable experimental flock of Dorper Sheep escaped from the adjacent land and were lost. 

 

In what circumstances might a court be willing to “pierce the corporate veil” and make a parent company liable for damages caused by a subsidiary?

 

 

Question 2

 

Nick Galli has a real passion for organic wine and would like Family Organic Wine Pty Ltd (FOW) to adopt a constitution that includes a provision guaranteeing his position as head winemaker at FOW. 

 

 

Having regard to s.140 of the Corporations Act and the relevant case law, would Nick be able to enforce such a provision against FOW.

Red Mine Pty Ltd

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Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

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More Red Mine Pty Ltd : Questions & Answers

Q

Assume that your team is responsible for planning the audit for both “Wesfarmers” (year ended 30 June 2014) and “Virgin”(year ended 30 June 2014) discuss your strategies in relation the questions noted below – (A). Identify at least three (3) inherent risks that you ...

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Q

Words – 1750 Reference style – Harvard Due date – Friday morning 04-09-15 Assessment 1: case study analysis (20%) all the information is attached ...

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Q

The second assessment will assess students’ ability to critically analyse information, provide practical solutions and present in an appropriate form. You are presented with a scenario of a fictitious country faced with opposing views of the merits of globalisation and joining the World Trade ...

View Answer
Q

As the Operations Manager for any of the listed companies below, you are tasked with the decision to outsource part of their products or services for added value to the customer. Using the decision logic of outsourcing, provide a detailed Logic map to indicate what should be outsourced and what is t ...

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