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Topic - ASIC v Citigroup (2007)
Research on an Australian case (not more than 10 years old since the decision by the Court) involving breach of company director's/officer's duties.
Write a report outlining the following:
1. Case introduction.
2. Outline the duties/responsibilities (eg CA s. 181) breached and explain why the duties were breached.
3. Discuss and critically ANALYSE the court/tribunal decision and the reason for the decision in view of the Corporations Act.
4. Present the report in class or video recording. Your lecturer will advise which is appropriate. All members must present on the day or a fail will be recorded. Presentations will be of a maximum of 5 minutes.
Maximum word limit - 2,000 words
Verified Expert
The case relates with the concept of insider trading. The insider trading is defined as something wherein the people or the employees working inside the company are very well aware of the information or the facts that relates with the company and take the advantage of the same in order to gain some advantage over the sale of the shares in the market. this is strictly prohibited by the law.
This assignment is to be submitted by the due date via Safeassign – Bb. The assignment is to be submitted in accordance with assessment policy stated in the Subject Outline and Student Handbook. It is the responsibility of the student submitting the work to ensure that the work is in fact his/her own work. Ensure that when incorporating the works of others into your submission that it appropriately acknowledged. Group assignment – students are to group themselves to a minimum of 3 and a maximum of 5 students per group
Hi there, We have selected topic ASIC v Citigroup (2007) for this assessment. Presentation needs to be made aswell with report. Thanks PLEASE NOTE: • Submit group assignment on-line (must do Safe Assign Check). Only one group member. • Please fill in and submit to your lecturer the Corporate Law Rubric Report in class by Week 5 the latest. • Each team member also must also submit a Law Peer Evaluation with their presentation/video • NO SAFE ASSIGN WORK WILL NOT BE CORRECTED AND THE GROUP WILL HAVE A MARK OF 0 (ZERO). • GROUPS OF LESS THAN 3 AND MORE THAN 5 PEOPLE WILL RECEIVE A PENALTY OF 10 POINTS. • Proper referencing in accordance with school regulations
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