Question
Rio Tinto Ltd (Rio Tinto) appointed a new Chief Executive Officer (CEO) and a new Chief Legal Counsel (CLO) after the destruction of the Juukan
Rio Tinto Ltd (Rio Tinto) appointed a new Chief Executive Officer (CEO) and a new Chief Legal Counsel (CLO) after the destruction of the Juukan Caves. You are the new CLO. You have been asked to advise the new CEO on some important and pressing legal issues: Provide the CEO with legal advice: 1. Rio Tinto is a major shareholder of a small mining company run by a husband and wife, H&W Pty Ltd. The CEO has told you he does not like the husband and wife and wants to use Rio Tintos majority shareholding in H&W Pty Ltd to vote to alter the constitution so that Rio Tinto can compulsorily acquire their shares and remove the husband and wife from the company. The CEO says to you: I know there is some High Court case called Gambotto v WCP that might make things difficult, tell me about the case. Advise the CEO whether he can proceed with his plan, and why or why not.
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