Event Register

Regulatory enforcement and class actions: conflict and co-ordination

Lunchtime Series  20 May, 2022

Professor Michael Legg, UNSW

Dixson Room, Mitchell Wing, NSW State Library

01:00PM to 02:00PM

Enforcement of laws is crucial for effective regulation. Historically, enforcement was the province of a government regulator with significant discretion (public enforcement). However, more and more citizens are being expected to take action themselves (private enforcement). The rise of the shareholder class action in Australia, backed by litigation funding or lawyers, has given rise to private litigation overlapping with that of the government regulator, the Australian Securities and Investments Commission.  

The seminar will cover:
1. Causes of overlapping enforcement
2. Ramifications of overlapping enforcement
3. Responses to overlapping enforcement through coordination and case management.

 
 
Michael Legg is a Professor in the Faculty of Law, UNSW. His latest book Public and Private Enforcement of Securities Laws. The Regulator and the Class Action in Australia's Continuous Disclosure Regime was recently published by Hart Publlishing.
Professor Legg specialises in complex litigation, including regulatory litigation and class actions and in innovation in the legal profession. He is also the author of Case Management and Complex Civil Litigation ( Federation Press, 2011), co-author of Principles of Civil Procedure in New South Wales (4th ed, Thomson Reuters 2020) and co-author of Annotated Class Actions Legislation.


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