A win for Dick Smith directors

Leanne Rich has successfully defended four non-executive directors of Dick Smith.  Leanne was led by Ian Jackman SC and Justin Williams SC, and was instructed by Arnold Bloch Leibler.

In a judgment handed down on 11 June 2021, Ball J found that the non-executive directors of Dick Smith had not breached their duties to the Company and that the case against them was to be dismissed.  The successful result followed a hearing of over 60 days in the NSW Supreme Court in 2020 and 2021.

The judgment, DSHE Holdings (Receivers & Managers Appointed)(In Liquidation) v Nicholas Abboud (No 3); National Australia Bank Limited v Nicholas Abboud (No 4) [2021] NSWSC 673, can be found here: https://www.caselaw.nsw.gov.au/decision/179f45418b04e4a8ceb60f0d

Click here to view the profile of Leanne Rich

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