Managed Investment Schemes: The High Court says you can’t contract out of Chapter 5C protections

In Westfield Management Ltd v AMP Capital Property Nominees Ltd [2012] HCA 54, four members of the High Court held that any contractual term that limits the protections provided under Chapter 5C of the Corporations Act is invalid.  Section 601NB of the Corporations Act allows members of a registered MIS to call a members’ meeting […]

Upcoming Commercial Court Seminar: Equitable Remedies for Breach of Fiduciary Duty

On 10 December 2012, the Victorian Supreme Court’s Commercial Court is hosting a conference.  The Hon Keith Mason AC QC, former President of the NSW Court of Appeal will be speaking on the topic “Remedies for breach of fiduciary duties: Lessons from two recent mega-cases: Grimaldi and Bell Resources”. This is one of four topics […]