Liability

This subject is to be discussed in greater depth by Mike Sharwood. It has also been the subject of a mini-symposium by the Melbourne Branch of the AusIMM in October, 1993. The papers from this symposium were distributed to the membership late last year "to raise their consciousness and to promote greater awareness and understanding of the wide range of liabilities that may arise". An introductory paper by Nicholson outlined the many areas in which liability may arise with particular emphasis on expert reports, eg: Takeovers Schemes of arrangement Acquisitions from associates Prospectuses Related party transactions Directors' duties Continuous disclosure Other influences (environmental, occupational health and safety, trade practices)