Hamilton Locke Special Counsel John Poulsen and KordaMentha Executive Director David Johnstone recently contributed to the Governance Institute of Australia’s Governance Directions Journal.
John and David came together to share their insights and co-author their article ‘Directors’ duties in a modern world.’ The article covers the challenges experienced by company directors and officers over the last 24 months and key factors to consider when managing situational risk, including:
- Is there adequate awareness and understanding of your statutory and fiduciary duties?
- COVID can no longer be blamed for ongoing disruptions.
- Alternative funding solutions must consider duties owed to all stakeholders.
- Future forecast projections – do not promise the world and deliver an atlas.
- Environmental, social and governance (ESG) factors – litigation risks and the ability to recapitalise.
Click here to read the full article.
