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Forrest v Australian Securities and Investments Commission 2012 HCA 39 (Australia, High Court, 2 October 2012)
  • WongPartnership LLP
  • Australia
  • April 4 2013

The company in question was Fortescue Metals Group Ltd ("Fortescue). In 2004, Fortescue entered into agreements ("Agreements") with three Chinese


Announcements to the market: misleading or deceptive conduct
  • Piper Alderman
  • Australia
  • December 19 2012

In October this year the High Court of Australia held that Fortescue Metals Group Ltd did not engage in misleading or deceptive conduct by its


High Court lessons on disclosure - the importance of thinking of investors
  • Herbert Smith Freehills LLP
  • Australia, China
  • October 11 2012

Eight years after the ASX announcements in question, Fortescue and Andrew Forrest have succeeded in their High Court appeal challenging the decision that Fortescue’s disclosures to the ASX were misleading and deceptive in describing as ‘binding contracts’ Fortescue’s framework agreements with Chinese SOEs.



Fiona Gardiner-Hill
  • Herbert Smith Freehills LLP