29/04/2025
🚨Breaking Down a Flawed Legal Precedent🚨
The NSW Court of Appeal decision in City Garden v Dai could put businesses at serious risk — and here is why it matters to you.
In our latest analysis, Francis Lim uncovers how the court:
🔸 Misapplied corporate law, creating a potential “charter for fraud”
🔸 Let reckless lenders off the hook while leaving companies vulnerable
🔸 Ignored key legal safeguards in the Corporations Act 2001
This is not just a technical debate — it is about protecting businesses from rogue directors and unfair liability.
📖 Read the full critique here: francislim.com.au/news/
💬 Thoughts? Should the High Court step in to fix this?