When Professor Harold Ford passed away in September 2012, Melbourne Law School and the broader legal community lost a leading scholar, teacher and law reformer. The Harold Ford Memorial Lecture celebrates the many contributions of Professor Ford to Melbourne Law School, the legal profession, and to the development of corporate law and trusts law. The inaugural lecture was held in 2013 and hosted by the Centre for Corporate Law.
Professor Ford spent almost his entire career at Melbourne Law School following his appointment to the Law School in 1949. He was Dean of the Law School in 1964 and from 1967 to 1973. In 1974, the first edition of Principles of Company Law was published (now called Ford, Austin and Ramsay's Principles of Corporations Law and in its 16th edition with Dr Robert Austin and Professor Ian Ramsay as the authors). Professor Ford also co-authored a leading text titled Principles of the Law of Trusts and other influential books. Professor Ford made many important contributions to law reform, including chairing the Companies and Securities Law Review Committtee from 1984 to 1990.
Professor Ford is remembered as a gifted teacher by several generations of law students. In 2010, Melbourne Law School established the Harold Ford JD Scholarships in his honour and earlier established the Harold Ford Chair of Commercial Law.
2019 Harold Ford Memorial Lecture:
"The Intersection of Companies and Trusts" presented by The Hon Chief Justice James Allsop AO, Federal Court of Australia
Date: 26 September 2019
In 1981, Professor Harold Ford wrote an article on 'Trading Trusts and Creditors’ Rights'. In it, he described trading trusts, an intersection of companies and trusts that had emerged in the decade prior as an increasingly popular alternative to the proprietary company, as a 'commercial monstrosity'. It has been nearly 40 years since those comments yet there is still no coherent and unified approach by Australian courts as to their treatment under Australian company law, nor is there any clear treatment of them in the Corporations Act 2001 (Cth).
On 5 February 2019, the High Court heard the appeal of what is commonly known as the Amerind matter. In the context of this appeal and other recent significant case law, this speech examines the development of the law on trading trusts, specifically on the issue of trust property in an insolvency administration.
View a video recording of the lecture here.
2018 Harold Ford Memorial Lecture
"Judicial advice to trustees: its origins, purposes and nature" presented by The Hon Chief Justice Susan Kiefel AC Chief Justice of the High Court of Australia
Date: 14 September 2018
The rather strange practice of equity courts of providing advice to trustees has a long history. To understand how it evolved it is necessary to trace its origins and the later development of procedures arising out of the general administration action. It is necessary to identify its purposes in order to understand both the breadth of the power to advise and its limits. Equity's broader supervisory jurisdiction over trusts may be explicable by reference to history. There may be questions whether orders by way of judicial advice involve judicial power or are to be regarded as historical anomalies.
2017 Harold Ford Memorial Lecture
"The changing position and duties of company directors" presented by The Hon. Justice Geoffrey Nettle, Justice of the High Court of Australia
Date: 26 June 2017
The development of directors' duties spans the length of the 20th century, from the precepts of fiduciary obligation and the courts of Chancery to the Corporations Act 2001 (Cth). This lecture examined the obligations placed upon, and the roles expected of, company directors. The position of present-day company directors in Australia will be considered in light of the schemes regulating the conduct of other office-holders, including union and public officials, and the approaches taken in other jurisdictions.
View a copy of J Nettle's speech here
2016 Harold Ford Memorial Lecture
“Corporate Structures, the Veil and the Role of the Courts” presented by The Hon. Marilyn Louise Warren AC
Date: 5 May 2016
Courts are frequently called upon to grapple with the consequences of the principle that corporations are separate legal entities with limited liability. These consequences arise in a range of contexts, from corporate groups to tort liability. The rise of the corporate trustee has added yet further complexity to issues of corporate knowledge, power and responsibility. In this context, an age-old question is more relevant than ever: to what extent can courts look behind corporate structures to commercial realities in determining the disputes before them?
2015 Harold Ford Memorial Lecture
"Trusts and Statutes" presented by Chief Justice French AC
Date: 20 May 2015
What may broadly be described as the law of trusts covers the relevant doctrines of equity and statutes which provide for the supervision of trust relationships, qualify equitable principles, and which may give rise to new categories of trust relationships or things called 'trusts'. The interaction of statute law and equitable doctrine as in many areas of interaction between statute law and the unwritten law raises questions about 'coherence' which direct attention to Atiyah's question: All lawyers of course know that large areas of both the common law and the statute law are a shambles, but is it one shambles or are there two?
Download a copy of Chief Justice French's speech here.
Watch video of the lecture here.
2014 Harold Ford Memorial Lecture
"Directors' Duties and a Company's Creditors" presented by Justice Hayne
Date: 19 August 2014
His Honour's lecture has been published by the Melbourne University Law Review Vol 38(2) 2014.
Watch video of the lecture here.
2013 Harold Ford Memorial Lecture
'From Managing to Monitoring: the Evolution of the Listed Company Board' presented by the Hon Robert Austin
Date: 30th April 2013