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17 Melb. U. L. Rev. 100 (1989-1990)
Commercial Law and Morality

handle is hein.journals/mulr17 and id is 118 raw text is: COMMERCIAL LAW AND MORALITY
BY THE HONOURABLE SIR GERARD BRENNAN*
When Professor Crommelin did me the honour of inviting me to attend this
dinner at the end of a seminar on Commercial Law and Morality, I accepted with
alacrity. I thought that it would be a comforting experience to be among those
professional colleagues whose presence testified to their commitment to moral-
ity. In the event, the experience has been far more rewarding. It has furnished a
stimulating review of the proper role of law and of lawyers in commercial
transactions. For me, Professor Finn's paper was an additional bonus. He
illuminated what has been going on around me for eight years past! It is the role
of the academic profession to be, in a sense, a final court of appeal - to examine
the principles which judges state or imply, to identify other relevant principles
and to evaluate critically the solutions adopted by the court. That is a demanding
role which calls for familiarity with the literature in foreign as well as domestic
jurisdictions, incisive and dispassionate analysis and an ability to place the law in
its social context. We are indebted to Professor Finn for the stimulus of a paper
of great intellectual sweep and vigour which, standing back from the workface of
individual cases, essayed a description of the paths of legal development. If I do
not agree with all that Professor Finn has said, I respectfully acknowledge the
force of the argument he presents.
I have come to repent my joyful acceptance of Professor Crommelin's
invitation. At the time, the juxtaposition of the topics 'commercial law' and
Imorality' had the charm of novelty but as the need to say something about their
connection approached, the complexity of the problems inherent in the joint
topics has become more manifest and the prospect of propounding a solution has
become more elusive. At the outset, let me confess my remoteness from the
topic. I last practised at the Bar in commercial law matters in 1976, and the
intervening decade has seen not only a growth in commercial law but a
transformation in the way in which it is practised. In the intervening years, the
glimpses of the real world to be had from a judicial Arcady have been fleeting
and fragmentary. As to morality, no doubt each of us treasures his or her own
visions of the moral imperatives binding on everyone else whilst, for ourselves,
we earnestly pray the prayer which St Augustine prayed in resisting conversion
from the profligate life: 'Not yet, 0 Lord, not yet!' Without propounding a
precise theory of morality for application to commercial law, I do not doubt that
there is a moral standard to be observed. It would be too cynical to accept the
truth of George Essex Evans' 'Ode to the Philistines':
Six days shalt thou swindle and lie!
On the seventh - tho it soundeth odd -
In the odour of sanctity
* High Court of Australia. Address to Seminar Dinner, Melbourne, 10 November 1988.
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