Australia: Directors and Officers

The Federal Court's landmark decision in ASIC v Star Entertainment Group reveals critical governance failures that occurred well before matters reached the boardroom, with profound implications for general counsel, company secretaries, and in-house legal teams. This analysis examines how information flow breakdowns, inadequate risk escalation, and the blurring of legal and operational responsibilities created personal liability exposure for senior legal officers.

Environmental, Social, and Governance (ESG) factors measure how responsibly a company operates across its environmental impact, treatment of people, and standards of governance. As investors, customers, and employees demand greater accountability, ESG oversight has become a core board responsibility, not an optional add-on.

Restructuring & Insolvency Comparative Guide for the jurisdiction of Australia, check out our comparative guides section to compare across multiple countries