Directors’ Duties in Today’s Challenging Environment

With increasing pressure from a far wider group of stakeholders scrutinising their actions and holding them accountable – from shareholders to creditors, regulators, employees, and customers – company directors are facing challenging times.

As the full extent of the COVID-19 crisis becomes apparent and the resulting economic downturn takes its toll, directors must not only be aware of their legal duties and responsibilities moving forward – under both the amended COVID-19 legislation and the pre-existing Corporations Act – but also be ready to take action to mitigate their own personal risk.

Presented by Principal Lawyer Luke Mitchell, insolvency expert Tim McGrath and one of our experienced tax lawyers Elizabeth Burnheim, the next Coleman Greig Webinar will discuss the current environment facing company directors, the implications of changing circumstances heading into the future, and how their duties and responsibilities will be affected.

The webinar will be a practical and informative discussion that covers:

• directors’ statutory duties under the Corporations Act as well as the amended COVID-19 legislation, including how the relevant changes impact personal liability;
• a case update, looking at the implications for company officers and de facto directors following the extension of duties beyond directors; and,
• a review of directors’ duties, obligations and liabilities in a tax context.

Join us for what promises to be an insightful session – and earn CPD points at the same time.