Bathurst Regional Council v Local Government Financial Services Pty Ltd (No 5)

JurisdictionAustralia Federal only
Neutral Citation2012-1105 FCA A
Date2012
Year2012
CourtFederal Court
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8 firm's commentaries
  • Class Action Drivers In Australia: D&O Insurance And Access To Deep Pockets
    • Australia
    • Mondaq Australia
    • 24 de junho de 2013
    ...Australia Ltd (in liq) [2012] FCA 1028 at [1085] and Bathurst Regional Council v Local Government Financial Services Pty Ltd (No 5) [2012] FCA 1200 at The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your spec......
  • Just when you thought it wasn't a derivative
    • Australia
    • Mondaq Australia
    • 16 de abril de 2013
    ...in mind, the Federal Court of Australia found, in Bathurst Regional Council v Local Government Financial Services Pty Ltd (No 5) [2012] FCA 1200 (Bathurst Regional Council), that a complex financial product known as a constant proportion debt obligation (CPDO) was a derivative, rather than ......
  • ASIC's relief power and how financial service providers can adapt to changes in the law
    • Australia
    • Mondaq Australia
    • 6 de novembro de 2013
    ...the opinion of research houses since decisions such as Bathurst Regional Council v Local Government Financial Services Pty Ltd (No 5) [2012] FCA 1200, where product research providers were found to have provided questionable advice) Appropriate advertising to the market Higher-level benchma......
  • Australian Federal Court Paves The Way For Actions Against Financial Product Ratings Agency
    • Australia
    • Mondaq Australia
    • 15 de novembro de 2012
    ...and rating of financial services products. Footnotes Bathurst Regional Council v Local Government Financial Services Pty Ltd (No 5) [2012] FCA 1200 per Justice Federal Court of Australia Summary of Bathurst Regional Council v Local Government Financial Services Pty Ltd (No 5) [2012] FCA 120......
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1 books & journal articles
  • Credit Advisers, Consumer Credit and Equitable Fiduciary Obligations
    • United Kingdom
    • Federal Law Review No. 47-1, March 2019
    • 1 de março de 2019
    ...v Dreyer(1958) 101 CLR 428, 452 (Dixon CJ). See, eg, Bathurst Regional Council v Local Government Finan-cial Services Pty Ltd [N o 5] [2012] FCA 1200, [3322] ( Jagot J), where the princip al’s claim forrescission of contract for sale of investment notes with the financial adviser was dismis......

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