Directors unsure about their fiduciary duties ought to read the judgment slamming Bane Hunter and Joel Macdonald for multiple continuous disclosure breaches.
Justice Michael Lee’s forensic analysis of the misdeeds of GetSwift directors Bane Hunter and Joel Macdonald should be the centrepiece of a new course at the Australian Institute of Company Directors.
The judgment is timely because it focuses on a fast-growing technology company with escalating losses and a deliberate strategy of pumping up the share price with over-the-top contract announcements.
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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com
