Topic: Class actions

A class action, is a type of lawsuit where one of the parties is a group of people who are represented collectively by a member of the group.

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ASX listed boards face threat of shareholder class actions

1 December 2019 | Louise Petschler MAICD

The TPT Patrol v Myer Federal Court decision represents a significant shift for director liability, says AICD's head of Advocacy Louise Petschler.

AICD supports regulatory regime for class action funders

8 November 2019

The Australian Institute of Company Directors (AICD) supports calls to regulate the litigation funding market, noting that a week on from the TPT Patrol v Myer decision there are concerns that an incr...

Class actions

Myer shareholder class action unlikely to dampen class action filings

30 October 2019

The shareholder class action has loomed large over the boardrooms of Australian listed entities since shareholder driven representative proceedings first emerged in Australia in the early 2000s.

Release of ALRC final report into class action proceedings and third-party litigation

26 February 2019 | Sally Linwood MAICD

The Australian Law Reform Commission (ALRC) has released its final report into class action proceedings and third-party litigation funders

Class actions

Does Australia need to review its continuous disclosure regime?

1 December 2018

Has Australia's continuous disclosure regime reached a tipping point? Quentin Digby, Garth Riddell and Barry Wang from Herbert Smith Freehills argue for a rethink.

Class actions: Top 5 liability claims for directors

28 November 2018 | Shelley Dempsey

Ahead of the release this month of an Australian Law Reform Commission (ALRC) inquiry report into class actions and litigation funding, AICD takes a look at insurance claims data for ASX200 firms and ...

Inquiry into Class Action Proceedings and Third-Party Litigation Funders

13 November 2018

On 13 November 2018 the AICD provided a supplementary submission to the Australian Law Reform Commission (ALRC) as part of its Inquiry into Class Action Proceedings and Third-Party Litigation Funders.

Class actions

Why IP reporting and protection should be on your board agenda

1 November 2018 | Tim Heberden

In the knowledge economy, directors have a duty to ensure their IP is properly reported on and protected.

The growing impact of rising shareholder class actions

27 September 2018 | Tony Featherstone

Boards are caught in the middle of rising shareholder class actions and increasing D&O insurance costs. Here’s what directors need to know.

Directors, are you across class action reforms and the ASX Principles?

1 September 2018 | Louise Petschler MAICD

AICD's position on class action reforms, social licence to operate and the ASX Corporate Governance Principles. How does it affect your board?

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