Directors and Officers: Duties, Risk and Liabilities
Issues covered include: director duties, professional liability, work health and safety, risk and liability, early settlement of disputes
Description
The many risks directors and officers need to manage seems to increase with each passing year as the consequences for failure grow ever more dire. Ensure you or your clients remain in the good graces of the Board and protect your clients, your organisation or yourself by keeping up to date on the latest obligations related to work health and safety, professional liability, insurance and more.
Attend and earn 4 CPD points in Competency Area 4: Substantive Law
This seminar was recorded in WA on 22 March 2019
Chair: Greg Mohen, Partner, Kott Gunning Lawyers
9.00am to 10.00am: Director Duties: Asleep at the Wheel or Corporate Psychopath?
A legal, psychological and personal commentary on corporate governance risk including:
- Director duties under the Corporations Act
- The sleeping giant of self-interest
- Waking to a world of consequence
Presented by Carl Huxtable, Partner, Hall Chadwick
10.00am to 11.00am: Current Issues in Professional Liability: An Update on Significant Cases and Developments
- When do you need PI insurance and when is it likely to respond?
- How do you distinguish between your duties as a company officer and a professional?
- Current developments including:
- The fallout from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry
- Cladding risks: exposure for construction professionals and insurance issues
Presented by Deborah Templeman, Principal, Gilchrist Connell
11.00am to 11.15am Morning Tea
11.15pm to 12.15pm: Boardroom Blitz: Understanding Personal and Corporate Work Health and Safety Duty, Obligation, Risk and Liability
- Key duties and obligations imposed on directors and officers under work health and safety laws, and particularly the Occupational Safety and Health Act 1984 (WA)
- The extent of director and officer risk and liability for work health and safety, and examining the interplay of specific roles and relationships in the workplace including employer-employee, principal-contractor and body corporate-management
- Fair Work risk and liability, being director and officer risk and liability under the Fair Work Act 2009 (Cth) an outline of some broad areas of risk, whether specifically relating to work health and safety matters or otherwise, and includes commentary on accessorial liability
- What is safety ‘due diligence’? What is the appropriate due diligence to manage Fair Work risk and liability? Some best practice tips to minimise personal and corporate risk
Presented by Natasha Leedman, Specialist Workplace Lawyer & Consultant
12.15pm to 1.15pm: Early Settlement of Disputes
A discussion about the options available to directors and officers to settle disputes at an early stage, with a particular focus on mediation techniques and strategies.
Presented by Steven Standing, Barrister and Accredited Mediator, Fourth Floor Chambers