Mark Leeming, ‘Six Differences between Trustees and Company Directors’

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.

Leeming, Mark, Six Differences between Trustees and Company Directors (April 2020). (2020) 94 Australian Law Journal 254.

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