Australian company directors are subject to increased scrutiny resulting from their fiduciary duties to the company and its shareholders, employees and creditors. This has heightened since large corporate collapses spurred on a series of reforms to tighten audit and financial reporting regimes.

While these corporate reforms have helped bolster investor confidence, their aim was to enhance audit independence and provide a more robust and transparent framework. But this more complex regulatory environment has significant implications for company directors, shareholders and employees who face tough sanctions for failing to comply with their additional duties.

The Hall & Wilcox Commercial Dispute Resolution team understands this regulatory environment and can advise you on how best to comply with these obligations, or represent you in disputes arising from an alleged breach.