Company and Securities Law Journal update: April 2016
The latest Part of the Company and Securities Law Journal includes the following articles: “Corporate governance for Australian energy and resources companies” – John Chandler and Jared Clements; “Assessing the effectiveness of ASIC’s accountability framework” – Diana Nestorovska; and “Termination payments under the Corporations Act 2001 (Cth) – Some issues” – John Sartori. This issue also includes the following sections: Corporate Governance, Corporate Responsibility and Law – Professor Jean Jacques du Plessis: “Shareholder primacy and other stakeholder interests”; and Overseas Notes: New Zealand: “Equity crowdfunding in Australia” – Gordon Walker, Alma Pekmezovic and Annabelle Walker.
Liquidating responsibility for employees’ entitlements?
With thousands in job losses and potential losses from the collapse of Queensland Nickel and given the current difficulties faced by Arrium’s Whyalla steel works, the fate of the accrued entitlements of the workers concerned appears uncertain. Taxpayers may be required to pay these entitlements to the order of hundreds of millions of dollars. Indeed, the ...more
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