From the Sydney Morning Herald http://business.smh.com.au/business/a-poison-draft-for-hardie-directors-20090820-es1p.html
It would be nice to see some editorial comment along these lines for Mr. Sigalla and his crew.
From the Supreme Court's Justice Ian Gzell it is a clear and loud signal to the elite community of company directors about corporate governance standards and their legal disclosure obligations……………
………….Yesterday's decision will seriously retard their ability to get another senior corporate position - even after the bans have run their course……………
…………The court has determined these directors have engaged in a serious and flagrant breach of their duties as directors………………...!
TZL Price at posting:
91.3¢ Sentiment: LT Buy Disclosure: Held
