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Based upon the papers presented at a joint session of the International Litigation and Securities committees of the Section on Business Law at the 1995 International Bar Association conference in Paris, this book is collected under five broad topics: disclosure and misrepresentation; conflicts of interest; class actions; damages; and international enforcement. Given the prevalence of securities litigation in the United States as compared to other jurisdictions, a particular effort has been made to obtain a comprehensive set of papers on American aspects of these topics. Other significant capital markets include: Australia, UK, France, Korea, Spain and Switzerland.