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LAW2450 Company Law Assessment

Question

Answered

Task:

1. Louise is worried about being called a “carbon criminal”. She recently heard a conference presentation where the presenter emphatically claimed, “Directors have a duty under the Corporations Act to ensure their company mitigates against the risks of climate change.” Evaluate the truth of this statement.

2. Advise Louise as to whether there is any merit to ASIC bringing any action against any or all the directors for a breach of their statutory duties as directors of HFL. If ASIC are successful, outline the potential penalties or remedies that a court could impose against the directors.

(Note: consider only statutory duties, but you should refer to case law as relevant)

3. Louise wants to remove Edward from the Board of Directors. Consider each of the following possibilities and discuss any procedural requirements.

(a) If Victoria Police charge Edward with “obtaining financial advantage by deception”(an indictable offence under section 82 of the Crimes Act 1958 (Vic) carrying a maximum sentence of 10 years imprisonment), will he automatically cease to be a director of HFL?

(b) Can the Board remove Edward as a director of HFL?

(c) Can GFC remove Edward as a director of HFL?

4. Advise Louise as to whether Monique has validly resigned as a director of the company 

LAW2450 Company Law Assessment

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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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LAWS509 Foundations of Ethical Practice

Task: Questions1. On 1 September 2021 you receive a letter from the Manager of Business and Skilled Migration Qld (BSMQ) addressed to Alison Hood of Wombat Migration, requesting the current residential address of Paul Moore. The letter notes that he signed an undertaking as part of the subclass 190 ...

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BB103 business law assignment

INSTRUCTION: Answer the question below. Your answer should be supported with relevant Articles / Sections from Statute Law/ Legislation and Case Law/Cases.Question 1Arthur, Ian and Ricky are lorry drivers for East End Ltd, a haulage company. They have all been employed for three years. Employees at ...

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Relationship Management and System

Running head: ETHICS Ethics Name of the student: Name of the University: Author ’snote 1 ETHICS 1. Scientific methods are the best approach to get answer to a research question, understand causal relationship and evaluate the effect of treatments. Iagree with this statement as scientific m ...

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BLAW 3100 Business Law

Task: Discussion 1 RCD Ltd. sells household appliances, including washers, dryers, dishwashers, stoves, and refrigerators. Most of RCD’s customers are developers of apartment buildings and condominium complexes. RCD’s sales representative is Alastair Du. He is authorized to make cont ...

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