Litigation and Dispute Resolution Insights

08 February 2005

Welcome to the February edition of Clayton Utz Litigation & Dispute Resolution Insights - and a belated Happy New Year.

In this edition we'll look at how litigation funding might receive a boost from a recent court decision. We'll also look at why you shouldn't assume ASIC won't use its investigatory powers once it has commenced civil penalty proceedings, and when courts might limit the scope of a shareholder's inspection of the company books.

Finally, we'll consider the recent High Court decision on disclaimers, and the concept of "conduct" under section 52 of the Trade Practices Act.

The growth of commercial litigation funding

By Greg Williams.

If a recent decision is correct, says Greg Williams, it means that any person who takes a commercial interest in a dispute which is above and beyond a mere commercial wager on the outcome may be entitled to "maintain" that litigation.

ASIC can continue investigating even though it has commenced proceedings

By Nicholas Mavrakis and Michelle Bakhos.

A recent decision makes it clear that it should not be assumed that ASIC may cease to use its investigatory powers once it has commenced civil penalty proceedings, explain Nicholas Mavrakis and Michelle Bakhos.

Shareholders' rights to inspect the company's books

By Ron Schaffer and Alastair Young.

Can a court limit the scope of a shareholder's inspection of the company books? Ron Schaffer and Alastair Young examine some developments suggesting a tougher line being taken by the courts.

Here's the information… for what it's worth: Disclaimers and the TPA

By John Powell.

The High Court recently showed how disclaimers can limit exposure for misleading or deceptive conduct in some circumstances. John Powell looks at the case and what it means for disclaimers and those who just pass on information.

Clayton Utz sponsors INSOL 2005

The quadrennial congress INSOL 2005 will be held 13 to 16 March this year in Sydney, and Clayton Utz is delighted to be involved as one of the main sponsors.

Profile: Stuart Clark

Stuart Clark is the newly appointed National Managing Partner for the Litigation and Dispute Resolution (LDR) Department. A commercial litigator, his principal areas of practice are product liability law, class actions and mass tort litigation.

Profile: Mark van Brakel

Mark specialises in engineering and resources disputes and regularly acts in matters of insurance, administrative law and public prosecutions.

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