Mark Leeming of The University of Sydney Law School has made available for download his article, “Six Differences between Trustees and Company Directors,” published in 94 Australian Law Journal 254. The abstract is as follows:
This note identifies six differences between trustees and company directors: the absence of a separate legal personality of the trust, the different rights of creditors, the different obligations owed, different rights to information, different powers of removal and, especially, the different requirement of unanimity when decisions are made.
To see the full article, click: “Six Differences between Trustees and Company Directors” by Mark Leeming
Posted by Anthony Tran, Associate Editor, Wealth Strategies Journal
