HAIG    REPORT:    High Court of Australia:   on Trial:     View Menu: 

 HAIG    REPORT:   Is the CSIRO tender process CORRUPT?.  Who is Bernie McDonough?  Should Megan Clark retain her position as the CEO of the CSIRO?     View Menu: 

 HAIG    REPORT:   See the evidence that Garth Donnelly is a long time CRIMINAL in ORGANIZED CRIME with POLICE. Garth Donnelly the Spring Hill Brothel Pimp in conjunction with Queensland police, lied, cheated, roughed up, beat and defrauded girls forced into prostitution by Queensland police brothel "patrons", FROM 1990, after Wayne Goss & Kevin Rudd terminated the Fitzgerald Enquiry.     View Menu: 

 HAIG    REPORT:   See the Garth Donnelly, Brisbane City Council documentary evidence of the criminal background to the socially unacceptable heinous Crime of Armed Robbery perpetrated against an isolated vulnerable disabled old man  which is just a variation on  International CORRUPT ELITE phenomenon  View Menu: 

 HAIG    REPORT:   Queensland Corrupt Elite  is just a variation on  International CORRUPT ELITE phenomenon  View Menu: 

 Click here  to read  HAIG   Report  on the 2012 Queensland State Election.
The LNP in disarray.  When will they dump Campbell Newman
  

 Click here  For  LATEST, on 25th November, 2011,   hearing in the Queensland Court of Appeal of Russell Mathews' Application for Leave to Appeal, plus;     Click here  to see his Outline of Argument to the court; & :   Click here  to see the Transcript of his Oral Submission on 25th November, 2011, &   Click here  to see the very latest developments in this saga. [This link here will be continually UpDated to be the very latest.]

See: the Page ShowingPrevention of Tooth Decay from Dry Mouth during sleep with Simple Elastic Apparatus: & Sleep Disorder of Obstructive Sleep Apnoea [OSA]

See: the Page Showing: Mathematics <=> Logic: Algorithm => Website: Code & Program: Maths Club: Maths Tutor: ALL Open Source & Totally FREE!!

Latest Update: Many New Corruption Scandals at
         THE UNIVERSITY         
         OQUEENSLAND         

The Cradle of Official, Judicial & Government Corruption in Qld:

Skeletons in the cupboard for Maurie McNarn, new UQ Director of Operations & ex-director of the Australian Defence Intelligence Organisation [ADIO] re Prisoner Rendition, Torture, Abuse, Murder & Abu Graib;

 Click here  to Learn about your Personalized Alert Notice [IMMEDIATELY BELOW] prepared by our HAIG Unique Visitor Algorithm: [HUVA]

Solution To the Corruption in Queensland's Crime & Misconduct Commission: header: CMC Dangerous Liaisons Report is a FRAUD & CON on the Community to STEEL & HARDEN CORRUPTION in the POLICE, COURTS & GOVERNMENT in this state

CMC = FRAUD + PRO-pedophilia

CMC's Dangerous Liaisons Report is a FRAUD & CON on the Community; to STEEL & HARDEN CORRUPTION in the POLICE, COURTS & GOVERNMENT in Qld & Australia.

 click here   for EVIDENCE & PROOF;

 click here   for CONSEQUENCES;

 click here   for SOLUTION.

../Corrupt Police& Magistrates Menu.php An example of a CASCADING Drop Down Menu.

MENU: Rantala-Gate: Corrupt Police & Magistrates Mafia.

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Editor-in-Chief:  Russell G H Mathews BCom BSc LLB BA      EMAIL your advice:  Please Please make a donation using BPay.  using  Please make a donation using BPay. 

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Consider the evidence! Please Please make a donation using BPay.  using  Please make a donation using BPay.  

Today's HAIG  HOT_TOPICS

  1.  Click here  to read  HAIG   Report  on the 2012 Queensland State Election.

  2. See: the Page ShowingPrevention of Tooth Decay from Dry Mouth during sleep with Simple Elastic Apparatus: & Sleep Disorder of Obstructive Sleep Apnoea [OSA]

  3. See: the Page Showing: Mathematics <=> Logic: Algorithm => Website: Code & Program: Maths Club: Maths Tutor: ALL Open Source & Totally FREE!!

  4. Latest Update: Many New Corruption Scandals at
             THE UNIVERSITY         
             OQUEENSLAND         

    The Cradle of Official, Judicial & Government Corruption in Qld:

    Skeletons in the cupboard for Maurie McNarn, new UQ Director of Operations & ex-director of the Australian Defence Intelligence Organisation [ADIO] re Prisoner Rendition, Torture, Abuse, Murder & Abu Graib;

  5.  Click here  For  LATEST, on 25th November, 2011,   hearing in the Queensland Court of Appeal of Russell Mathews' Application for Leave to Appeal, plus;    Click here  to see his Outline of Argument to the court;  Click here  to see the Transcript of his Oral Submission on 25th November, 2011, &   Click here  to see the very latest developments in this saga. [This link here will be continually UpDated to be the very latest.]

  6.  Click here  to read of how Genuine Best Value  HAIG   BROADBAND  can save you money and Improve your online experience.

  7.  See: Video PROOF of Aggravated Assault 
     on  VULNERABLE, DISABLED OLD MAN 

     & AUSTRALIAN  Police  Refuse  to  Act 

  8.   Alert Professor Dr Megan Squire of Elon University, North Carolina EXPOSES FAKE & BOGUS websites promoting US online "Universities".

  9. Learn to Speak English Distinctly & Enunciate Clearly Without any Accent

    Follow the text as you listen to the AUDIO RECORDINGS, then listen to the audio as you READ THE TEXT ALOUD in unison with the audio recording and so PERFECT your pronounciation.

  10. http://HaigReport.com/images/20110219KevinBurrageHeadshot_cr.png

    Kevin Burrage is a parasite and a FRAUDSTER mathematician:
    NOW @ OXFORD UNIVERSITY, UK:
    Professor
    approves PLAGIARISM:



  11. Criminal FemiNazi [aka Radical Feminism] Contagion erupting in Queensland Circa 1980/90:

  12. SEE:  Summary of the 290+ University of Queensland Documents Proving the deliberate FRAUD of a DISABLED STUDENT by Professors Kevin Burrage & Andrew Lister as a Menu of all of the summary titles of each document:

  13. [SSAT] is a Fraud & a Farce:
    FemiNazi 'Fang' Jane K. Macdonnell , now rorts the SSAT: [quote:
    "very aggressive and goes off half cocked"]
    & is the current ['til 2015] & only "Principal" member, of SSAT, Australia-wide.


  14. PROOF that students & staff should be WARY of University of Western Sydney [UWS]:
    & see Menu of why the Administration of the University of Western Sydney [UWS] should be WORRIED

  15. "Plagiocephaly"
    What is it?  Click above to discover.

  16. See DOCUMENTARY EVIDENCE:
    of the Fraud, LIES, & Corruption
    @ The University of Queensland - law school


  17. The University of Queensland Administration is BAD NEWS





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Menu: Dangerous Liaison Capri Corrupt Queensland Police Armed Hold-Up Fraud CMC

includedSolutionToCorruptionQueenslandCrimeMisconductCommission.php
Solution To the Corruption in Queensland's Crime & Misconduct Commission



Solution To the Corruption in Queensland's Crime & Misconduct Commission

Solution To the Corruption in Queensland's Crime & Misconduct Commission

Solution To the Corruption in Queensland's Crime & Misconduct Commission

includedCompanyDirectorsFiduciaryDutyToCompany.php
Implication for Company Directors of Company Directors' Fiduciary Duty to their Company
written by Russell G H Mathews BCom BSc LLB BA
View list of my WEBSITES and Bulletin Boards

Email: http://HaigReport.com/eml.html

The Fiduciary Duty towards the company by company directors is a very strict duty, as with any Fiduciary Duty.  This has some particular implications in regard to CRIME, and PERSONAL LIABILITY of company directors. Company Directors are personally liable for breaches of their Fiduciary Duty to their company.  This is regardless of statute law, and is a result of long standing Common Law.  Hence, this is relevant in many countries including United States, United Kingdom, Canada, Australia and New Zealand.  Importantly, the Fiduciary Duty is owed by each company director to the Company, and not the shareholders.  However, if a company injures a person, regardless of whether that person is a shareholder, creditor, employee, customer, COMPETITOR, or unrelated but foreseeable party, that person can sue the company.   If the director, meaning all of them, have been derelict in exercising their  Fiduciary Duty, then they can be joined in that action, and would be personally liable, and unable to obtain the benefit of the corporate veil, as espoused in the early landmark case of Solomon v. Solomon.

In commerce/business finance, risks are defined as either diversibable risk, or undiversifiable risk.  By it name, no-one needs to entertain diversifiable risk, as they can 'diversify' out of it.  Hence, the market does not reward an owner of assets accepting diversifiable risk.

The Nature of every Director's decision;
Instead of there being just one decision of a judge, there are many decisions by many individuals; every director. Every Director, by the nature of the Fiduciary Duty owed to the company, has to make his own personal decision.  S/he has to make the purest type decision.  S/he does not have to consider the civil interests of any other legal person, without of course, taking criminal advantage of any other party.  The director must consider only the interests of her/his company.  If, as is usually the case, another party is involved, the director need not, in fact must not consider that other person's interests.  The director is NOT required to give the other party Due Process, aka Natural Justice aka Procedural fairness, in particular the 'Right to be Heard'..  Hence, the Director can make a decision, that is adverse to any particular person, [but not criminal of course], without giving that person the 'Right to be Heard', a right of Natural Justice.    

Directors must then ACT upon their decisions;
In fact, action is the only real way they can show they have made the correct decision.  Additionally, unlike with a court case, which cannot be re-opened in general, a director's decision and action can always be revisited.  This is one additional reason, that directors must always decide in favour of their company, even if that requires their 'giving their company' the 'benefit fo the doubt'.

Consequences for Directors for less than perfect decisions, and actions:

We will consider the usual case of Public Listed companies.  The Consequences arise in many ways.


These are the shareholders of the listed companies, who will make decisions about investing in particular companies.  Directors who associate with corrupt individuals, will become pariahs as the shareholders of other companies will not want them to become directors of their companies if the shareprice will fall.   Sharew prices on a public exchange are affected by Adam Smith's 'Invisible Hand', regardless of how much spin the company publishes.

A company is inanimate but for the actions of 'staff', and a company is 'dumb' or unable to think, but for the action of directors. 

The director's Fiduciary Duty requires that the Director is vigilant, of any possible dangers that could befall their company.  Hence, all we need to do with the internet is to place the director on Notice.  We do not need to 'serve' legal documents upon the director. 

If, as in the case of Wayne Goss, the ex-Premier of Queensland, regarding the Criminal Offence by the Queensland Cabinet on 5th March, 1990, of deciding to shred the 'Heiner Documents',[known as the 'Heiner Affair'], when they were required as evidence for a Court case,  the problems for Goss and all persons involved there in, are much greater.  In that case there exists a public statement by numerous retired judges that the public evidence, unearthed in an expert investigation by Journalism lecturer Bruce Grundy, constitutes a prima facia case for the criminal prosecution of Wayne Keith Goss and all members of his cabinet, and other accessories possibly including the Present Prime Minister of Australia Kevin Rudd, who was Goss's Cabinet Secretary, at that time.


'Defences' not available to Directors, if they fail to discharge their Fiduciary Duty:
Consider two general classification of cases involving CRIMINAL BEHAVIOUR. [Where the CRIMINAL is on either side of the company - world interface; ie whether the CRIMINAL is inside or outside the company.]  It is an accepted 'given' that individuals and 'legal individuals'/entities, cannot be criminal, assist criminals or be assisted by criminals. 

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Links to our FORUMS regarding the 21st Century World Recession, SURVIVING IT & PROSPERING.
  1. 21st Century World Recession
  2. Analysis of the 21st Century World Recession
  3. FULL detail of the Analysis of 21st Century World Recession
  4. How to SURVIVE the 21st Century World Recession, & PROSPER
  5. In detail: How to SURVIVE the 21st Century World Recession, & PROSPER.
  6. Looking for Work: Looking for a Job:
  7. How to FIND A JOB, & MAKE MONEY doing it!!
  8. FULL detail: How to FIND A JOB, & MAKE MONEY doing it!!
  9. FULL detail: How to FIND A JOB, & MAKE MONEY FINDING it, and REAL MONEY doing it!!
  10. FULL DETAIL: Looking for Work: Looking for a Job:
  11. Small Business Advisory FORUM
  12. Full Description, Small Business Advisory Forum.
I have addressed this way forward, depending upon one's predilection, based on one's past actions or inclinations: Income from working for an 'employer' or working in one's own business.

  1. Looking for Work: Looking for a Job: How to FIND A JOB, & MAKE MONEY doing it!!
  2. Small Business Advisory FORUM
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Russell G H Mathews BCom BSc LLB BA
View list of SOME of my WEBSITES and Bulletin Boards

Email: http://HaigReport.com/eml.html


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