can directors be held liable?

In Brief The Supreme Court’s decision in Mitchell v Al Jaber provides important clarification on when former directors can still owe fiduciary duties to a company. The answer has significant implications for liquidators pursuing claims against former directors, and for individuals who continue to act on behalf of companies without formal authority. The…

Liberty Bell Bay in Administration Amid GFG Alliance Woes

The Bell Bay manganese smelter, a cornerstone of industrial activity in Tasmania’s north, has been placed into voluntary administration. Ernst & Young has been appointed as the administrator for Liberty Bell Bay (LBB), the company operating the facility. This move signals a critical juncture for the smelter and its approximately 216-strong workforce. The administrators have…