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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1499 |
Essay's paper body
It was due to the fact that HIH had breached the directors duties contained in the Corporations Act 2001. ASIC also sought declarations that the three directors were liable as persons involved in HIH's insurance and its subsidiary HIH Casualty LTD's (HIHC) contraventions of the Corporations Act. ASIC also sought various civil penalty orders under the Corporations ACT 2001 against each director...
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ASIC also sought declarations that the three directors were liable as persons involved in HIH's insurance and its subsidiary HIH Casualty LTD's (HIHC) contraventions of the Corporations Act. ASIC also sought various civil penalty orders under the Corporations ACT 2001 against each director.
Facts
On 15 June 2000 a cheque for $10 million was paid by HIHC to Pacific Eagle Equity Pty Ltd (PEE) controlled by Mr...
Essay fragment
General points of the essay
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