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TAG: disclosure
AMI (Administrators Appointed) – just in case you didn’t know!
This company has been in voluntary administration since late last year. Prior to its going into administration, the ACCC launched proceedings against it regarding its disclosure in relation to its erectile dysfunction products. Those proceedings are ongoing. Last week the ACCC obtained an interim injunction ordering the administrators to disclose that the company is in […]
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Hide and seek or show and tell in prospectus disclosure?
Do we play ‘Hide and Seek’ or ‘Show and Tell’ with a director’s bankruptcy and insolvency history in prospectus disclosure law under the Corporations Act? It is an aim of insolvency law to provide mechanisms that assist in removing directors from the management of companies where they have been found to have been involved with […]