When Power Meets Fairness: Lessons from Gambotto v WCP Ltd
Gambotto v WCP Ltd reshaped Australian company law by insisting on proper purpose and fairness before majority power can expropriate minority shares. This short case note explains why the judgment still matters for today’s executives — especially when decisions concentrate power or shift financial risk. Learn the modern business lesson: fairness is never optional.
When a Bank Took a Family Home Without Explaining the Risk
Commercial Bank of Australia v Amadio remains the leading case on unconscionable conduct. The High Court set aside a guarantee taken from vulnerable guarantors because the bank failed to explain critical risks it knew they could not understand.