01 March 2012

Class actions in Australia: The year in review 2011

Class actions are now an established part of Australia’s litigation landscape, providing an attractive alternative for plaintiffs to pursuing individual claims. From the perspective of defendants - usually companies but sometimes directors and increasingly advisors also - class actions are significant not only because of the possibility of liability, but also due to the reputational consequences and the costs of defending the action. They also make the task of resolving regulatory action more complex. This report provides a snapshot of the key class action decisions in 2011, to see how the Courts’ management of class actions is affecting outcomes for plaintiffs and defendants.

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