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

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

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...

Myer shareholder class action unlikely to dampen class action filings

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

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

Does Australia need to review its continuous disclosure regime?

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

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

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.

Why IP reporting and protection should be on your board agenda

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

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?

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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