Litigation against financial services entities (commenced by both regulators and individuals) is rapidly increasing in Australia. This is in part a result of case studies examined by the Banking Royal Commission filtering through to the Courts, as ASIC adopts a “why not litigate approach” and there is a greater public interest in their financial affairs.
G+T partners Richard Harris and Andrew Floro and lawyers Harish Ekambareshwar and Kasia Dziadosz-Findlay have authored the Australian Chapter of Getting the Deal Through: Financial Services Litigation. This publication charts the growth of litigation in the financial sector worldwide, with contributing authors highlighting the key themes and legislative differences in their respective jurisdictions.
Follow the link below to read the full article.