Problem:
Discuss directors and other company officers' duty of care under the general law and corporations legislation in Australia with additional reference to ASIC v Rich (2003) 44 ACSR 682 and ASIC v Macdonald (No 11) (2009) NSWSC287.
Additional Information:
This question belongs to the Law as well as it is case examines for cases ASIC v Rich 2003 and ASIC v Macdonald 2009. Both these cases deal with the duties as well as responsibilities of directors of the company. And the judgments in these two cases are judged to be landmark judgments in the current years. The solution has examines of these two cases.
Total Word Count 2837