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0.00% 54.5¢ slater & gordon limited

Class Action Bust?, page-12

  1. jimk3758
    23,096 Posts.
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    07/03/17
    08:27
    Post #: 23143130
    I could not find any reference that Directors liability is limited to their liability insurance under Gwalia or any other law.

    The MB CA claim amount is currently $250M. Let's assume $250M is awarded but only $100M in insurance available.

    Can anyone show me why AG and other directors are not required to make up $150M shortfall unless they go personally bankrupt?
    SGH Price at posting: 8.3¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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