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Following the Future of Financial Advice reforms, the ‘suitability' and ‘appropriateness' focus for financial advice has been relocated and supplemented by a ‘best interests' focus in s 961B of the Corporations Act 2001 (Cth). Yet, as the Australian Government's Royal Commission into...
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The advent of third-party litigation funding (‘TPLF') is arguably one of the most significant developments in civil litigation in common law countries for many decades. While third party-funded and indemnified defendants have appeared in common law courts for some centuries, the recent...
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Private securities class actions now appear to be a part of Australia's legal landscape but opinions about their value are not unanimous. This paper reviews the 'private attorney-general' argument for the utility of private securities class actions as 'vindicating the public interest' and...
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