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 Wysłany: Pon 2:26, 26 Sie 2013 Temat postu: Former James Hardie executives banned-spun5 |
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Former James Hardie executives banned
JAMES Hardie former leader Peter Macdonald has been suspended from building a company for 15 years and fined $350,cheap giuseppe zanotti,000 for breaching the Corporations Act.
In the NSW Top court today, Justice Ian Gzell singled out Mr Macdonald for that harshest penalty as he imposed fines and bans on former directors for breaches from the Act.
In April,roger vivier sale, he found that Mr Macdonald, two former James Hardie executives and seven non-executive directors breached the Act throughout the advance of an asbestos compensation rely upon 2001,Peuterey Jacket[/b], and a corporate restructure in 2003.
An announcement approved by the board of James Hardie in February 2001 was found to contain deceptive and misleading comments concerning the company's capacity to meet its compensation liabilities for asbestos sufferers,http://kevindurantnerfshoesreleasedate.blogspot.com/.
Corporate watchdog ASIC had asked the court to disqualify Mr Macdonald for up to 16 years and fine him between $1,Roger vivier flats.47 million to $1.81 million,Moncler jacket.
Justice Gzell disqualified Peter Shafron,roger vivier sandals, the former general consul of James Hardie, for seven many fined him $75,Peuterey Jacket outlet,000.
Former chief financial officer Phillip Morley was fined $35,giuseppe zanotti outlet,000 and disqualified for five years.
The non-executive board members,Roger vivier, including Meredith Hellicar and Telstra director Peter Willcox, were each fined $30,000 and banned from managing a company for five years.
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