New Zealand: Conducting board meetings: some useful judicial guidance

Last Updated: 24 September 2013

By Sophie East

In the closing chapter of the long-running litigation involving the James Hardie group and its directors, the New South Wales Court of Appeal provides further discussion on how boards and individual board members should conduct themselves. Although an Australian decision, Gillfillan v ASIC [2012] NSWCA 370 is a helpful reminder of the importance of good corporate governance for New Zealand boards. It is also likely to be relevant to a New Zealand court faced with assessing directors' conduct at a board meeting.

Key learning for boards

Directors attending a board meeting should ensure: