Wednesday, 28 November 2018

Samuel slams Federal Court judges

Banking royal commission lessons likely to be short-lived, warns former ACCC boss I saw this article quoting Graeme Samuel in relation to the Banking Royal Commission. I still find it hard to believe he made the following comment about Federal Court judges: "Professor Samuel believes a specialised group of judges with expertise in complex corporate and securities law needs to be established and maintained to rule on cases. "He says the Federal Court currently does this, but questions whether those Federal Court judges "have an expert knowledge of highly complex notions of corporations and securities law"." Apart from these comments being highly offensive to the Federal Court judges, they are also completely wrong. There is absolutely no evidence that Federal Court judges are out of their depth in relation to corporations and securities law cases.

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