22. October 2010 15:44
The country's leading scholar of corporations law, Harold Ford, celebrated his 90th birthday on 14 October.
Professor Ian Ramsay, now one of the co-authors of Ford's Principles of Corporations Law, has published a paper to mark the occasion—"Professor Harold Ford and the Development of Australian Corporate Law".
The paper is in two parts—the first summarises Professor Ford's career and substantial contribution to corporate law teaching and reform, and the second is an interview (also by Professor Ramsay), spanning a range of topics such as Professor Ford's experience of teaching company law at the University of Melbourne, influences for his important books in the areas of corporate law, securities regulation and unincorporated non-profit associations, and his work for several law reform bodies.
Professor Ford reaches a pithy conclusion: "Company Law has often developed as a legislative reaction to some newly perceived commercial mischief, usually after some spectacular corporate failure. Its further development is unlikely to be different. As Justice Oliver Wendell Holmes Jr said: ‘The life of the law has not been logic: it has been experience.’”
We recommend reading the complete paper.