Directors in Troubled Times: Supreme Court Annual Corporate Law Conference 2009

09/07/2009

The Supreme Court Annual Corporate Law Conference will be held in the Banco Court of the Supreme Court, Queens Square on **Tuesday, 11 August 2009 from 2.00pm - 6.00pm. **

The global credit crisis has placed company directors under extreme pressure, for on the one hand the economic situation has made doing business and obtaining access to finance more difficult and uncertain, while on the other hand, the law continues to demand that directors act in the best interests of the company (including creditors, when the company is in difficulty), that they exercise due care and diligence in financial and other matters, and that they avoid allowing the company to trade while insolvent.� The director's task appears to have become more difficult, and yet there are moves for further regulation of the compensation of directors and officers.

Current developments in these fields will be addressed (respectively) by Professor Ian Ramsay of the University of Melbourne, Neil Young QC of the Melbourne Bar, Ian Jackman SC of the Sydney Bar and Professor Jennifer Hill of the University of Sydney.� Then Alan Cameron AM will sum up, asking the poignant question, how do directors sleep at night?

The cost of the conference is $240, which includes afternoon tea and drinks in the evening.� For further information contact Robyn Davies at the Law Society, 170 Phillip Street, Sydney 2000, DX 362 Sydney, phone 9926 0276, fax 9223 1496, e-mail robyn.davies@lawsociety.com.au� or register online.

**31 July 2009 **