Remarks of the Hon Marilyn Warren AC Chief Justice of the Supreme Court of Victoria upon opening the inaugural Commercial Law Conference: Current Issues in Commercial Law Banco Court 12 November 2009 --- Your Honours and ladies and gentlemen, good afternoon and welcome to everyone devoted to commercial litigation, especially here in Victoria. Why the topic: Current Issues in Commercial Law? Why a conference? And why here in Melbourne? The answers are short and simple. Melbourne is a centre for litigation excellence. Our litigators take pride in being up to date but moreso they take a leadership role on the national commercial stage. In Melbourne we provide a very high standard of commercial litigation through the services of our courts – state and federal – the Victorian Bar and the legal profession and academia, especially through the University of Melbourne Centre for Corporate Law and Securities Regulation. Independent research of the Bar reveals that over $700m per annum is contributed to the Victorian economy by litigation, especially commercial litigation. We have the Commercial Court in the Supreme Court, the Fast-Track system in the Federal Court and the Commercial List in the County Court. Our commercial courts are truly innovative and focused on serving the business community. The Victorian Bar and the legal profession operate nationally and internationally. They also offer dispute resolution mechanisms and facilities that ensure expeditious resolution of disputes. The built environment for commercial litigation in Melbourne is mostly superb. The facilities of the Federal and County Courts and parts of the Supreme Court are excellent. We anticipate that Melbourne will consolidate its litigation edge when a new Supreme Court building is constructed. I refer to my remarks in the Supreme Court annual report tabled in the Victorian Parliament this week (www.supremecourt.vic.gov.au). When the new Supreme Court building is built it will provide a national and international commercial icon. So we have the judges, the counsel and lawyers, the commercial litigation techniques and the proper built environment. We also have, exemplified by today’s conference and attendance, excellent interaction between the state and federal judiciary, the Bar, the profession and academia. The conference celebrates the intellectual commitment of Melbourne. It is a centre for commercial litigation excellence. I congratulate and thank the Hon. Justice Pagone and Professors Ramsay and O’Connell for their commitment and organisation of today. I formally open the conference. Let the interaction begin.