Joint Requirements Oversight Council

As a director, he was required to act, exercise and discharge his duties in accordance to Section 180, Section 181, Section 182 and Section 183 of the Corporation Act. He however failed to do so, for example when he authorised the issue of a prospectus by HIH Holdings (NZ) Ltd for the purpose of raising up $155 million of convertible notes to assist HIH in funding the takeover of the FAI. The prospectus failed to disclose the effect of a simultaneous transaction between HIH and Societe Generale…

energy or fuels; increased cost, disruption of supply or shortage of ingredients, other raw materials or packaging materials; changes in laws and regulations relating to beverage containers and packaging; significant additional labeling or warning requirements or limitations on the availability of our products; an inability to protect our information systems against service interruption, misappropriation of data or breaches of security; unfavorable general economic conditions in the United…

Unfortunately, some companies have mismanaged their greatest asset—their brands. This is what befell the popular Snapple brand almost as soon as Quaker Oats bought the beverage marketer for $1.7 billion in 1994. Snapple had become a hit through powerful grassroots marketing and distribution through small outlets and convenience stores. Analysts said that because Quaker did not understand the brand’s appeal, it made the mistake of changing the ads and the distribution. Snapple lost so much…