Is Directors & Officers Insurance necessary? Directors & Officers Liability Insurance (D&O) is one of the least understood types of insurance, yet one of the most important. Australia is home to some of the world's largest Directors & Officers Liability Insurance claims, and the breadth of risk...
Australia's new Rudd Government has indicated to business leaders that it intends to review various aspects of corporate law, including the imposition of personal liability on directors for corporate fault. Their concern is that the pres... Anderson,Helen - 《Washington International Law Journal》 ...
, the Bills Committee notes that some deputations have suggested developing a "safe harbour" to define the circumstances under which the directors would be protected from liability, adopting a "business judgment rule" similar to that in jurisdictions like Australia to protect directors from liability...
Thomas specialises in banking and asset finance, with a particular focus on the shipping and aviation industries (including superyachts and business jets). He predominantly acts for commercial and private wealth banks, investors, owners, charterers, manufacturers and high-net-wo...
Environment Heritage Committee Directors' loans There were no loans by the Company to Directors. Directors' insurance The Company has arranged policies for Director's Liability Insurance, which ensures that generally Directors will incur no monetary loss as a result of actions undertaken by them as ...
In addition, the Company has maintained appropriate directors and officers liability insurance in respect of relevant legal actions against the Directors. SUBSTANTIAL SHAREHOLDERS' AND OTHER PERSONS' INTERESTS To the best of Directors' knowledge, at 31st December, 2015, the following Shareholders had ...
1203702-U DIRECTORS' REPORT FOR THE FINANCIAL PERIOD FROM 1 OCTOBER 2016 TO 31 DECEMBER 2017 (CONTINUED) Profile of Directors (Continued) Mr Lim Kheng Boon Independent Non-Executive Director Mr Lim Kheng Boon, aged 66, is a member of The Institute of Chartered Secretaries Australia, Chartered ...
liabilities,theBills Committee notes that some deputations have suggested developing a "safe harbour" to define the circumstances under whichthedirectorswould be protected from liability, adopting a "business judgment rule" similar to that in jurisdictions like Australia to protectdirectorsfromliability...
It used to be that D&O insurance was only available to organizations incorporated in common law countries such as England, Canada, the United States, and Australia. The globalization of markets seems to have generated a demand for protection by corporate directors in civil law countries. This ...
In addition, the Company has maintained appropriate directors and officers liability insurance in respect of relevant legal actions against the Directors. SUBSTANTIAL SHAREHOLDERS' AND OTHER PERSONS' INTERESTS To the best of Directors' knowledge, at 31st December, 2016, the following Shareholders had ...