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United Petroleum Australia P/L v Hudson [2020] VSCA 14
246, COMPANY LAW, COSTS
Victorian Court of Appeal
Judge(s):
Whelan, McLeish and Niall JJA
Parties:
United Petroleum Australia P/L (ACN 164 398 832); United Petroleum P/L (ACN 085 779 255); United Petroleum Holdings Ltd (ACN 610 690 849); Silver, Avi; Hirsch, Eddie; Kinlee P/L (ACN 075 196 093) as trustee for the Kinlee Silver Trust and Apson P/L (ACN 075 196 084) as trustee for the Apson Hirsch Trust v Hudson, Martin Moule
Judgment Date:
13 February 2020
Catchwords:
COMPANY LAW - Directors' duties - Whether Chairman breached duties as director by failing to alert executive directors as to concerns about documentation for public offer in advance of board meeting - Lack of information from company management - Corporations Act 2001 (Cth) ss 180, 181, 182, 183, 1317S and s 1318.
COSTS - Application for leave to appeal order that costs be on indemnity basis - Discretionary decision - No error demonstrated - Leave to appeal refused.
Citation: