Chapman Tripp
Added: Feb 22, 2012
Recent decisions from the courts have raised the legal risk for directors and underlined the exposure to third party liability of auditors, trustees and promoters.
As a result, we can probably expect this year to have more claims made by receivers, liquidators and out-of-pocket investors against those involved in:
- company governance and management
- prospectus preparation, and
- the provision of professional services.
So who is potentially in the gun, and why?