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The duties of care of directors in the Common Law world are complicated by reference to history and the untidy way in which the law has developed.The original duty of care arose in Equity which pre -dated common law negligence.In Australia,Malaysia and Singapore the next stage of development was the adoption of a statutory duty of care.Unlike other jurisdictions like Canada,New Zealand and the United Kingdom this was not a restatement or codification of the law.Originally breach was the subject of
The duties of care of directors in the Common Law world are complicated by reference to history and the untidy way in which the law has developed. The original duty of care arose in Equity which pre -dated common law negligence. In Australia, Malaysia and Singapore the next stage of development was the adoption of a statutory duty of care .Unlike other jurisdictions like Canada, New Zealand and the United Kingdom this was not a restatement or codification of the law. Originally breach was the subject of