Gerson Lehrman Group - Intelligently Connecting Institutions and Expertise.

Study Group: Energy / Utilities: Lawyers (Australia)

Council Members in this Study Group: 18

This study group may include professors, attorneys, former regulatory officers, and consultants knowledgeable on topics such as law and litigation issues, lobbying, policy and government, elections, antitrust, immigration, intellectual property, and legislation, among others.

Contact Gerson Lehrman Group to survey or consult with members of this Study Group

Leading institutions connect with members of this Study Group through GLG

Leading Experts in this Study Group

Rachel Launders, Partner, Gilbert & Tobin LawyersRachel Launders

Partner
Gilbert & Tobin Lawyers
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Rachel Launders is a Partner in the Corporate Transactions Group at Gilbert + Tobin in Sydney, Australia, where she specializes in mergers and acquisitions (M&A). Specifically, Ms. Launders advises on and structures privatizations, joint ventures, business...

GLG NewsSM Analyses by this Study Group's Leading Experts(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

ASIC v. James Hardie - the spotlight on company directors and senior management

June 2, 2009

James Hardie proceedings | www.asic.gov.au

Directors in Australian listed companies may be nervous about the duty of care which they owe to the company, following the decision in ASIC v. James Hardie (April 2009). The Court found that they have a duty to avoid exposing the company to risk of harm to reputation or legal claims. Senior executives, including the General Counsel, also came under the spotlight, being found in breach of their duties for failing to warn the board of the risks which the company was being exposed to. The case is also a reminder that companies need to take particular care with public announcements - the desire to promote the good news cannot overtake the need for an announcement which is balanced, objective, complete and accurate.

View All GLG News by members of this Study Group