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Barclay v Penberthy

(2012) 246 CLR 258
JurisdictionAustralia
CourtHigh Court of Australia
Year2012
StatusBinding authority

Key Principle

The HCA considered the duty of care under s.180 of the Corporations Act and held that the standard is that of a reasonable person in the director's position, taking into account the corporation's circumstances and the director's office.

Area of Law

company

Related Cases

Shafron v Australian Securities and Investments Commission (2012) 247 CLR 465
Bell Group Ltd (in liq) v Westpac Banking Corporation [2012] WASCA 157
Grimaldi v Chameleon Mining NL (No 2) (Accessory) [2012] FCAFC 6

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