000 01347cab a2200205 4500
001 ##L132852
008 060314n2006 000 0 eng u
035 _a(Sirsi) u132852
041 0 _aeng
100 1 _aFarman, Matt
245 0 0 _aIt's tough at the top
260 _c2006
490 0 _aBuilding
_v271(8421) 10 March 2006, 60-61(2)
520 _aArgues that the draft company law reform and corporate manslaughter bills will increase both a director's and company's exposure to litigation. The company law reform bill states that a director must act in the interests of shareholders and take account of the interests of employees, suppliers, consumers and the environment, which increases the likelihood of a successful claim being brought. The corporate manslaughter bill will vastly increase the exposure of companies by making them, rather than directors, accountable. Existing directors' and officers' insurance will need to be extended to cover the liability. Warns that directors will still remain liable to be charged under existing law for gross negligence or under health and safety legislation.
590 _aIKA140306
650 2 4 _aDRAFT CORPORATE MANSLAUGHTER BILL 2005
650 2 4 _aDRAFT COMPANY LAW REFORM BILL 2005
690 _aMANAGEMENT-BUSINESS MANAGEMENT-PROFESSIONAL PRACTICE-DUTY OF CARE-LIABILITY
942 _n0
999 _c76664
_d76664