1. Where is the case being heard? (1 mark)
2. Who are the plaintiff and defendants in this case? ( 2 marks)
3. Who acted as counsel for the plaintiff? (1 mark)
4. Summarise the main facts of this case. (3 marks)
5. Which sections of the Corporations Act (2001) are alleged to have been breached? (2 marks)
6. What is the statutory business judgement rule and where is it found in the legislation? (1 mark)
7. What events have led ASIC to allege that this section has been breached? (1 mark)
8. Are directors able to rely on the Business Judgement Rule for all decisions they make? (1 mark)
9. With reference to the appropriate legislation and common law examples, summarise the main functions of ASIC in ensuring that company directors comply with their fiduciary duties. (2 marks)
10. Summarise the Court’s main findings in this case. (1 mark)

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