Australian court finds two former Star executives breached directors’ duties
An Australian court found former Star Entertainment chief executive Bekier and former company lawyer Martin breached directors’ duties in connection with oversight of a junket operator between 2017 and 2019. The court identified seven breaches; ASIC did not establish liability against seven other former directors, and a date for sentencing and any penalties is still to be set.
The ruling establishes liability for two former Star executives, while the court has yet to determine any penalties.