Wingecarribee Shire Council v Lehman Brothers Australia Ltd (in Liquidation)

JurisdictionAustralia Federal only
Neutral Citation2012-0921 FCA A
Year2012
Date2012
CourtFederal Court
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7 cases
12 firm's commentaries
  • Business Litigation Report -- February 2014
    • United States
    • JD Supra United States
    • 27 February 2014
    ...brought by a number of local councils against Lehman Brothers. Wingecarribee Shire Council v Lehman Brothers Australia Ltd (in liq) [ 2012 ] FCA 1028. Lehman Brothers was found to have engaged in misleading and IssueAustraliaAmericaCertificationNo requirement for certification by the court ......
  • BLG Monthly Update: November 2012
    • Canada
    • Mondaq Canada
    • 28 November 2012
    ...multi-million-dollar investment losses of each of the councils. Wingecarribee Shire Council v Lehman Brothers Australia Ltd (in Liq), [2012] FCA 1028 [Link available No GST refund on unused airline fares Like many airlines, Qantas regularly overbooks flights on the assumption that not all p......
  • Class Action Drivers In Australia: D&O Insurance And Access To Deep Pockets
    • Australia
    • Mondaq Australia
    • 24 June 2013
    ...33V of the Federal Court of Australia Act 1976 (Cth). See also Wingecarribee Shire Council v Lehman Brothers 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 ......
  • High standard of care when dealing with unsophisticated investors and public funds
    • Australia
    • Mondaq Australia
    • 19 January 2013
    ...Shire Council v Lehman Brothers Australia Ltd (in liq) [2012] FCA 1028 The unreported decision of Rares J contains a well reasoned and detailed judgment from His Honour canvassing many current legal topics ranging from representative proceeding process to the duty of financial advisers in n......
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1 books & journal articles
  • Credit Advisers, Consumer Credit and Equitable Fiduciary Obligations
    • United Kingdom
    • Sage Federal Law Review No. 47-1, March 2019
    • 1 March 2019
    ...Pty Ltd [No 4] (2007)160 FCR 35, 77–8 [282]–[286] (Jacobson J); Wingecarribee Shire Council v Lehman Brothers AustraliaLtd (in liq) [2012] FCA 1028, [733] (Rares J); ABN AMRO Bank NV v Bathurst City Council (2014) 224FCR 1, 210 [1066] (Jacobson, Gilmour and Gordon JJ).68. Lionel Smith, Pare......

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