Articles by Ciara Lui
Ciara Lui is a Lawyer in Mills Oakley’s Sydney Not-for-Profit team. Ciara has 5 years experience working in both private practice and in-house, providing advice about various areas of law and acting for a client base including charities and not-for-profit organisations, healthcare regulatory bodies, land claimant groups and individuals.
The Importance of Getting Your Agendas and Minutes Right
At a board meeting on 15 February 2001, the directors of James Hardie approved an announcement to the ASX about a corporate restructure. The restructure included the establishment of a foundation which would handle all asbestos-related claims against James Hardie. The next day, the announcement was released and it stated that the foundation would be “fully funded” to meet the claims. However, it later became apparent that the foundation was not fully funded.