Conferences and Seminars

Date Event Venue
1 September 2011 Distinguished Speakers Program: Dr Robert Austin
What should we expect our company directors to do?

In the famous Bell Group case, 2009, Justice Owen agreed that over the entrance to boardrooms the Statute has rightly painted the declaration: "the buck stops here". But how can boards of directors of large companies, meeting approximately once a month, be expected to accept responsibility for the whole management of the corporate enterprise? Does the law really allocate responsibility to the directors for everything that goes wrong in the management of the business? What should the proper balance of responsibilities be between directors and executive officers? To what extent should non-executive directors be permitted to rely on the advice of executive officers and expert advisers (an issue considered by the trial judge and on appeal in the James Hardie case, and by the trial judge in the Centro case)? Should the law leave directors free to exercise their business judgment? Do we need law reform to ensure that directors are fully responsible for what they can and should do, but not for what is beyond their reach?
Event details and registration
Sydney Law School, Building F10, Eastern Avenue, University of Sydney
7 September 2011 Breach of warranty of authority: an unusual doctrine
Guest Speaker:
Professor Francis Reynolds, University of Oxford
Chair: Professor John Carter, Sydney Law School
The action for breach of warranty of authority, on which there are several Australian leading cases, is an unusual one in imposing liability for certain types of statement causing economic loss, and strict liability at that, well back into the nineteenth century. There is still international disagreement as to whether it is right to do this, and whether the action is rightly classified as contractual rather than tortious (which would have implications for damages as well as liability). Puzzles are also beginning to emerge as to exactly what promise the person concerned makes about the supposed principal, the range of persons to whom the promise is to be regarded as made, and how the doctrine interacts with situations where the principal is unidentified, or does not exist, or where the agent can be said to have been his own principal.
Brochure | Event Registration
Banco Court, Supreme Court of NSW, Queens Square, Sydney


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