The High Court rules in favour of investors (represented by Somerset Ryckmans) that they are not estopped from raising individual claims and defences in subsequent proceedings by a reason of failure to raise individual claims and defences in the group proceedings.

Links to articles on the case:

https://www.jonesday.com/en/insights/2017/01/high-court-of-australia-determines-extent-to-which-class-members-are-bound-by-class-action-judgment

https://openjournals.library.sydney.edu.au/SLR/article/view/19675/16528

Should you wish to discuss this particular case study or ask our team any questions, please feel free to contact us.