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Leanne was the editor of and an executive director of Media Pty Ltd which publishes a free lifestyle magazine widely distributed in Sydney. The magazine relies heavily on its advertising revenue. Leanne became dissatisfied with her position in the company and decided to leave and set up her own competing publication. Before she resigned she sent letters to many of the businesses advertising in the magazine, inviting them to transfer their business to her new publication. She compiled the list of persons to whom she wrote from memory and publicly available sources of information such as the internet, not from Media Pty Ltd's records. Her new magazine was published the following week and many of the businesses she had contacted transferred their advertising to it. Advise Media Pty Ltd of any possible breaches of director's duties by Leanne. Make sure you rely on the relevant statute and case law to support your answers. [25 Leanne was the editor of and an executive director of Media Pty Ltd which publishes a free lifestyle magazine widely distributed in Sydney. The magazine relies heavily on its advertising revenue. Leanne became dissatisfied with her position in the company and decided to leave and set up her own competing publication. Before she resigned she sent letters to many of the businesses advertising in the magazine, inviting them to transfer their business to her new publication. She compiled the list of persons to whom she wrote from memory and publicly available sources of information such as the internet, not from Media Pty Ltd's records. Her new magazine was published the following week and many of the businesses she had contacted transferred their advertising to it. Advise Media Pty Ltd of any possible breaches of director's duties by Leanne. Make sure you rely on the relevant statute and case law to support your answers. [25
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Leannes Potential Breaches of Directors Duties Leannes actions may constitute breaches of several di... View the full answer
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Posted Date:
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