Directors Duties in Australia - The Influence of the Centro Case

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The writer looks at the way in which the duties of directors is evolving and the way this is codified in statue law and emerging in case law. The Centro case, Australian Securities and Investments Commission v Healey [and others] [2011] FCA 717, has raised the bar. The paper reviews the case and assesses its potential impact. Ten sources are cited in the bibliography of this nine page paper.