Agent For Disclosed Principal - Full Court Finds Stockbroker Entitled To Sue On Behalf Of Investors.
Mondaq Business Briefing › Nbr. 2008, March 2008
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Agent For Disclosed Principal - Full Court Finds Stockbroker Entitled To Sue On Behalf Of Investors.
In Brief
The Full Court of the Federal Court of Australia has applied Brandon J's dictum in "the Swan"1 to a case where a stockbroker arranged a loan from the stockbroker's clients to another client. The circumstances (including a contract made on behalf of disclosed, but unascertained, principals...See the full content of this document
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