James Hardie directors fined for misleading investors on asbestos compensation fund; NSW planning laws under the spotlight; Million-dollar payday for Maurice Blackburn as the firm pockets $12.5 million out of a $115 million settlement payout by the National Australia Bank (NAB).
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James Hardie directors fined for misleading investors on asbestos compensation fund. The decision reveals the risks to company boards and directors who vote on consensus, say lawyers from Corrs Chambers Westgarth, Baker & McKenzie and Kemp Strang; NSW planning laws under the spotlight as the government moves to alter the power of long-held Development Control Plans ahead of a White Paper on NSW planning law reform; And, it's a million-dollar payday for Maurice Blackburn as the firm pockets $12.5 million out of a $115 million settlement payout by the National Australia Bank (NAB) to investors who lost money during the GFC.