A few days ago, Dixon J., sitting in the Supreme Court of Victoria (Common Law Division), gave judgment in Jaques v AIG Australia Ltd [2014] VSC 269. The decision is noteworthy because of the discussion it contains of the meaning of 'non-executive director', the judge noting that in "... contemporary corporate governance theory, the role of independent, non-executive directors is encouraged" (para. 15).
Wednesday, 18 June 2014
Australia: the meaning of 'non-executive director'
A few days ago, Dixon J., sitting in the Supreme Court of Victoria (Common Law Division), gave judgment in Jaques v AIG Australia Ltd [2014] VSC 269. The decision is noteworthy because of the discussion it contains of the meaning of 'non-executive director', the judge noting that in "... contemporary corporate governance theory, the role of independent, non-executive directors is encouraged" (para. 15).
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