About the event

Bookings are now closed

This seminar is also being delivered as a webinar.

This seminar presented by Patrick Moran, Deputy Chief of Staff and Justice Adviser to the Leader of the Opposition (NT), will discuss class actions through Australian and American perspectives.

This seminar will provide some insight into representative actions in the United States, as well as the evolving body of law in Australia and provide a comparative framework to outline possible future developments.

With regard to class actions, Mr Moran will discuss litigation and funding models in Australia as compared to the United States and identify the risks and benefits of both models, particularly in light of the ruling in Bolitho v Banksia Securities Ltd (No 18) (Remitter) [2021] VSC 666. In addition, the desirability of reform will be discussed and what form, if any, that reform should take.

The CPD will also consider the emerging field of corporate derivative actions in Australia, against the backdrop of over a hundred years of precedent in the United States, particularly the Delaware Court of Chancery.

Finally, Mr Moran will discuss some recent class and derivative action settlements in both jurisdictions and where the field is heading.