RP Law & Business: The Protection of Minority Investors and the Compensation of their Losses

3 December 2014

To register for this seminar CLICK HERE

Please note: Individual online registrations MUST be paid by Mastercard or VISA. To pay by cheque or arrange a group registration, please email for an invoice. We apologise for any inconvenience.


In this 2014 Ross Parsons Law & Business Seminar series, Professor Jennifer Hill and Dr Olivia Dixon will address the topic The Protection of Minority Investors and the Compensation of their Losses. "Investor protection" has a long-standing legal pedigree in relation to business corporation. Since the early 20th century, when Berle and Means famously highlighted shareholder vulnerability and powerlessness in the modern public corporation, investor protection has been an important underpinning ideal in corporate and securities law in both the United States and Australia. This is in spite of fundamental changes since that time to capital markets, and to the profile of shareholders. This seminar will examine Australia's continuous disclosure regime, in conjunction with ss1041E (false or misleading statements) and 1041H (misleading or deceptive conduct) of the Corporations Act. The seminar will examine the extent to which these regulatory mechanisms provide adequate protection to minority investors, focusing on the enforcement of rights through actions by ASIC (as in, for example, Forrest v ASIC (HCA, 2012) and investor litigation, particularly class actions.

About the Speakers
Olivia Dixon joined the Law School in 2013 as Lecturer in the Regulation of Investment and Financial Markets. Olivia teaches and researches in corporate law, with a particular interest in corporate crime. Prior to entering academia, Olivia practiced as a corporate finance attorney in Sydney and New York. Before becoming an attorney in 2003, Olivia worked as an analyst for a corporate finance company and at the Australian Securities and Investments Commission. Olivia has an LLM and JSD from New York University, where her doctoral dissertation was an empirical study examining the role of mutual funds as corporate governance monitors.

Jennifer Hillis Professor of Corporate Law at Sydney Law School and a Director of the Ross Parsons Centre of Commercial, Corporate and Taxation Law. She is known for her work in comparative corporate law and governance. A graduate of the University of Sydney and Oxford University, Jennifer has been a Visiting Professor at several overseas law schools, including Vanderbilt University, University of Virginia, University of Texas and Cornell. In 2013, she held the Foreign Chair at the University of Ghent, Belgium.

About the Commentator

Michael Leggis an Associate Professor at UNSW Law, Australia. Michael's research interests include class actions, litigation funding and the interaction between public and private enforcement in the area of securities regulation. His research has been cited in judgments from the Federal Court of Australia, Supreme Court of New South Wales and the Supreme Court of Victoria, and in law reform reports by the Australian Law Reform Commission, NSW Law Reform Commission and Victorian Law Reform Commission.

He is the author of Case Management and Complex Civil Litigation (2011) published by Federation Press and co-author of Principles of Civil Procedure in New South Wales (2d ed 2012) published by Thomson Reuters. He is also the editor of Regulation, Litigation and Enforcement (2011) published by Thomson Reuters and The Future of Dispute Resolution (2013) published by LexisNexis.

Michael has 15 years of experience as a legal practitioner having worked with leading Australian and US law firms. He is admitted to practice in the Supreme Court of NSW, Federal Court of Australia, High Court of Australia and in the State and Federal courts of New York.

MCLE/CPD points: 1

Law & Business Program 2014

Sydney Law School is pleased to announce its Law & Business Program for 2014. Students can also enrol in single units as part of their professional development under the Legal Professional Development program (LPD). Single unit enrolment students are not required to undertake assignments or examinations.

Click here for more information.

Time: 6 - 7.15pm (Registration & refreshments from 5.30pm)

Location: Minter Ellison Room, Level 13 Old Law School, St James Campus, Phillip St, Sydney

Cost: Full Fee $77; SLS Alumni $66; SLS Student $44; Group (3+) $55 inc GST

Contact: Professional Learning & Community Engagement

Phone: 02 9351 0429

Email: 390d077a56040d143f25345852073b37314b2929214b1746