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Assignment - This is a group assignment. Students are to form groups, with a minimum of 3 and a maximum of 5 students per group. The assignment consists of 2 parts: a 2,000 word report (maximum) and an 8-10 minutes (maximum) in-class or video presentation.
Instructions: Please read and re-read carefully to avoid mistakes.
1. Research on an Australian case (ideally not more than 10 years old since the decision by the Court) involving breach of company director's/officer's duties under the Corporations Act 2001 (Cth).
2. Group report: Write a report outlining the following:
a. Case introduction.
b. The duties/responsibilities breached (ex. CA sections 181 or 588G) and explain why the duties were breached.
c. Discuss and critically ANALYSE the court/tribunal decision and the reason for the decision in view of the Corporations Act.
d. Where possible and applicable, the relevance of the decision to the development of Australian corporations law or the impact of the decision on the operation of companies in Australia.
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The assignment was about selecting an Australian case where there is a beach of director's duties and responsibilities. The organisation that has been selectedfor this report is a financial service providing organisation called the "Storm Financial Limited", owned and directed by "Emmanuel and Julie Cassimatis". The werealleged with the accusation for not being substantially careful and diligent with their strategy and decisions about suggesting their investors with investment relateddecisions. The paper focuses over the the different sections of Corporation's Act that the director duo breached and later concluded with the court's decision in this case.
Total 2000 words. Assignment - This is a group assignment. Students are to form groups, with a minimum of 3 and a maximum of 5 students per group. The assignment consists of 2 parts: a 2,000 word report (maximum) and an 8-10 minutes (maximum) in-class or video presentation. Group report must be submitted via SafeAssign on Blackboard.
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