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"Directors' Liability to Creditors - What are the Alternatives?"   flag 

(2006) 18 (2) Bond Law Review 1
Anderson, Helen
Bond Law Review
Australia

Legislation Cited

Legislation Name Provision
Corporate Law Reform Bill (Cth)
Banking Act 1959 (Cth)
Corporations Act 2001 (Cth) s182, s183, s199B, s214, s232, s256A, s433, s556, s588G, s588R, s588V, s592, s596AB, s596AC, s598, s1299B, s1318, s1324
Air Passenger Ticket Levy (Collection) Act 2001 (Cth)
Close Corporations Act 1989 (Cth) s60, s106, s110, s111
Corporate Law Economic Reform Program (Audit Reform and Corporate Disclosure) Act 2004 (Cth)
Unemployment and Sickness Benefits Act 1944 (Cth)
Workplace Relations Act 1996 (Cth)
Accident Compensation Act 1972
Injury Prevention, Rehabilitation, and Compensation Act 2001

Cases and Articles Cited

Case Name Citation(s) Court Jurisdiction Date †  Full Text Citation Index
Re Tayeh [2005] NSWSC 475; (2005) 53 ACSR 684 Supreme Court of New South Wales Australia - New South Wales 20 May 2005 AustLII flag 6
Australian Securities and Investments Commission v Plymin (No 1) [2003] VSC 123; (2003) 175 FLR 124; (2003) 46 ACSR 126; 21 ACLC 700; (2003) 46 ASCR 126; 21 ACL 700 Supreme Court of Victoria Australia - Victoria 5 May 2003 AustLII flag 162
"Directors' Duties to Creditors: Contractarian concerns Relating to Efficiency and Over-Protection of Creditors" (2003) 66 Modern Law Review 665 Modern Law Review United Kingdom circa 2003 HeinOnline flag 4
"On Fairness and Efficiency" (2003) 66 Modern Law Review 452 Modern Law Review United Kingdom circa 2003 HeinOnline flag 2
"Directors' Duties To Creditors: Power Imbalance And The Financially Distressed Corporation" (2003) 50 UCLA Law Review 1189 UCLA Law Review United States circa 2003 HeinOnline / LexisNexis flag 3
"Blue Asbestos and Golden Eggs: Evaluating Bankruptcy and Class Actions as Just Responses to Mass Tort Liability" (2003) 25 Sydney Law Review 223 Sydney Law Review Australia circa 2003 AustLII flag 10
Graham Barclay Oysters Pty Ltd v Ryan [2002] HCA 54; (2002) 211 CLR 540; (2002) 194 ALR 337; (2002) 77 ALJR 183; [2003] Aust Torts Reports 81-681; (2002) 125 LGERA 1; (2002) 23 Leg Rep 2; 234 IPR 74 High Court of Australia Australia - Commonwealth 5 Dec 2002 AustLII flag 688
"Negligence Liability for Personal Injury: A Perspective from New Zealand" (2002) 25 University of New South Wales Law Journal 895 University of New South Wales Law Journal Australia circa 2002 AustLII flag 4
"Priority As Pathology: The Pari Passu Myth" (2001) 60 Cambridge Law Journal 581 Cambridge Law Journal United Kingdom circa 2001 flag 2
"Reintroducing Releases of Officer Liability into Australian Corporate Law" (2000) 26 Monash University Law Review 14 Monash University Law Review Australia circa 2000 AustLII flag 1
"Employee entitlements in corporate insolvency administrations" (2000) 8 Insolvency Law Journal 32 Insolvency Law Journal Australia circa 2000 Legal Online flag 1
"Towards Pinstriped Unionism: Protecting Employee Entitlements Through Securitisation" (2000) 12 Bond Law Review 7 Bond Law Review Australia circa 2000 AustLII flag 1
"Insolvent companies and employees: the government's year 2000 solutions" (2000) 8 Insolvency Law Journal 86 Insolvency Law Journal Australia circa 2000 Legal Online flag 3
"Corporate group insolvencies, reform and the United States experience" (2000) 8 Insolvency Law Journal 148 Insolvency Law Journal Australia circa 2000 Legal Online flag 2
"Ltd Liability: Large Co Theory and Small Firms" (2000) 63 Modern Law Review 317 Modern Law Review United Kingdom circa 2000 HeinOnline flag 8
"Insolvent Trading - A Comparative and Economic Approach" (1999) 10 Australian Journal of Corporate Law 216 Australian Journal of Corporate Law Australia circa 1999 LexisNexis AU flag 5
"Frankenstein Incorporated or Fools' Parliament? Revisiting the Concept of the Corporation in Corporate Governance" (1998) 10 Bond Law Review 142 Bond Law Review Australia circa 1998 Australia / Informit flag 7
"Developments in relation to corporate groups and the responsibilities of directors – some insights and new directions" (1998) 16 Company and Securities Law Journal 628 Company and Securities Law Journal Australia circa 1998 Legal Online flag 4
"Legal issues involving corporate groups" (1998) 16 Company and Securities Law Journal 184 Company and Securities Law Journal Australia circa 1998 Legal Online flag 5
"Theories of the Corporation and the Ltd Liability Co: How Should Courts and Legislatures Articulate Rules for Piercing the Veil, Fiduciary Responsibility and Securities Regulation for the Ltd Liability Co?" (1998) 51 Oklahoma Law Review 427 Oklahoma Law Review United States circa 1998 HeinOnline / LexisNexis flag 4
James Hardie & Co Pty Ltd v Putt (1998) 43 NSWLR 554; (1998) 16 NSWCCR 289 Australia - New South Wales circa 1998 LexisNexis AU flag 60
Re Polly Peck International plc (in administration) [1996] 2 All ER 433 United Kingdom circa 1996 LexisNexis flag 16
"Against Fiduciary Duties to Corporate Stakeholders" (1996) 21 Delaware Journal of Corporate Law 27 Delaware Journal of Corporate Law United States circa 1996 HeinOnline / Westlaw flag 5
(1994) 4 Australian Journal of Corporate Law 275 (1994) 4 Australian Journal of Corporate Law 275 Australian Journal of Corporate Law Australia circa 1994 LexisNexis AU flag 6
"Trading Whilst Insolvent - A Case for Individual Creditor Rights against Directors" (1994) 17 University of New South Wales Law Journal 546 University of New South Wales Law Journal Australia circa 1994 AustLII flag 6
"Co law and securities" (1994) 22 Australian Business Law Review 138 Australian Business Law Review Australia circa 1994 Legal Online flag 1
"Personal Accountability and Corporate Control: The Role of Directors' and Officers' Liability Insurance" (1994) 57 Modern Law Review 880 Modern Law Review United Kingdom circa 1994 HeinOnline flag 3
"Small Businesses and the Corporate Form: Burden or Privilege" (1994) 57 Modern Law Review 555 Modern Law Review United Kingdom circa 1994 HeinOnline flag 3
"Holding Co Liability for the Debts of an Insolvent Subsidiary: A Law and Economics Perspective" (1994) 17 University of New South Wales Law Journal 520 University of New South Wales Law Journal Australia circa 1994 AustLII flag 6
Aiglon Ltd and L'Aiglon SA v Gau Shan Co Ltd [1993] BCLC 1 United Kingdom circa 1993 LexisNexis flag 3
"The position of unsecured creditors of corporate groups: towards a group responsibility solution which gives fairness and equity a role" (1993) 11 Company and Securities Law Journal 461 Company and Securities Law Journal Australia circa 1993 Legal Online flag 2
TSB Private Bank International SA v Chabra [1992] 2 All ER 245; [1992] 1 WLR 231 United Kingdom circa 1992 LexisNexis flag 124
Qintex Australia Finance Ltd v Schroders Australia Ltd (1990) 3 ACSR 267; (1991) 9 ACLC 109 Australia circa 1991 LexisNexis AU flag 21
"Toward Unlimited Shareholder Liability for Corporate Torts" (1991) 100 Yale Law Journal 1879 Yale Law Journal United States circa 1991 HeinOnline / Westlaw flag 20
"Duties to Creditors" [1991] Journal of Business Law 1 Journal of Business Law United Kingdom circa 1991 Westlaw flag 6
"Corporate Governance and the Impact of Legal Obligations on Decision Making in Corporate Australia" (1991) 1 Australian Journal of Corporate Law 55 Australian Journal of Corporate Law Australia circa 1991 LexisNexis AU flag 2
"Removal of the Corporate Veil: Suggestions for Law Reform in Qintex Australia Finance Ltd v Schroders Australia Ltd" [1991] Australian Business Law Review 211 Australian Business Law Review Australia circa 1991 Legal Online flag 1
Duties and Insolvent Companies' (1991) 54 Modern Law Review 576 Modern Law Review United Kingdom circa 1991 HeinOnline flag 4
"Duties to Creditors" (1991) 14 New Zealand Universities Law Review 323 New Zealand Universities Law Review New Zealand circa 1991 Westlaw flag 9
"LimitedLiabi1ity, Tat Victims, andCreditcrs" (1991) 91 Columbia Law Review 1565 Columbia Law Review United States circa 1991 HeinOnline / LexisNexis flag 10
Adams v Cape Industries PLC [1990] Ch 433; [1991] 1 All ER 929; [1990] BCLC 479; [1990] BCC 786; [1990] 2 WLR 657 Court of Chancery United Kingdom circa 1990 LexisNexis / Westlaw flag 285
Briggs v James Hardie & Co Pty Ltd (1989) 16 NSWLR 549; (1989) 7 ACLC 841 Australia - New South Wales circa 1989 LexisNexis AU flag 120
"The Structure of Corporation Law" (1989) 89 Columbia Law Review 1461 Columbia Law Review United States circa 1989 HeinOnline / LexisNexis flag 16
"Directors' Wider Responsibilities - Problems Conceptual, Practical and Procedural" (1987) 13 Monash University Law Review 164 Monash University Law Review Australia circa 1987 AustLII flag 15
"Ltd Liability and the Corporation" (1985) 52 University of Chicago Law Review 89 University of Chicago Law Review United States circa 1985 HeinOnline / LexisNexis flag 28
"Efficient Markets, Costly Information and Securities Research" (1985) 60 New York University Law Review 761 New York University Law Review United States circa 1985 HeinOnline / LexisNexis flag 10
"Corporate Liability Strategies and the Costs of Legal Controls" (1984) 93 Yale Law Journal 857 Yale Law Journal United States circa 1984 HeinOnline / Westlaw flag 12
"Economic Analysis of Ltd Liability in Corporation Law, An" (1980) 30 University of Toronto Law Journal 117 University of Toronto Law Journal Canada circa 1980 HeinOnline / LexisNexis flag 12
Woolfson v Strathclyde Regional Council (1978) 38 P & CR 521 United Kingdom circa 1978 flag 10
"Duties of the Corporate Debtor to Its Creditors, The" (1977) 90 Harvard Law Review 505 Harvard Law Review United States circa 1977 HeinOnline / LexisNexis flag 6
"The duties of directors of public companies–the realities of commercial life, the contradictions of the law, and the need for reform" (1976) 4 Australian Business Law Review 289 Australian Business Law Review Australia circa 1976 Legal Online flag 3
DHN Food Distributors Ltd v Tower Hamlets LBC [1976] 3 All ER 462; [1976] 1 WLR 852; [1976] 1 WIR 852 United Kingdom circa 1976 LexisNexis flag 118
"A Unified Approach to Parent, Subsidiary, and Affiliate Question in Bankruptcy" (1975) 42 University of Chicago Law Review 589 University of Chicago Law Review United States circa 1975 HeinOnline / LexisNexis flag 6
Queensland Bacon Pty Ltd v Rees [1966] HCA 21; (1966) 115 CLR 266; [1966] ALR 855; 40 ALJR 13 High Court of Australia Australia - Commonwealth 6 Apr 1966 AustLII flag 452
Trevor v Whitworth [1887] UKLawRpAC 26; (1887) 12 AC 409 United Kingdom 11 Jul 1887 CommonLII flag 99
Barnes v Addy [1874] UKLawRpCh 20; (1874) LR 9 Ch 244; (1874) LR 9 LRCh App 244; (1874) 43 LJCh 513; (1874) 22 WR 505; (1874) 30 LT 4; (1874) 144 ER 643 Court of Chancery United Kingdom 12 Feb 1874 CommonLII flag 1061
"The Rights of Creditors of Affiliated Corporations" 43 University of Chicago Law Review 499 University of Chicago Law Review United States circa 1998 HeinOnline / LexisNexis flag 16

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