Richard Flitcroft

Partner. Sydney.

+61 2 9210 6435 |   |  vCard  |  Richard Flitcroft linkedin profile
Richard Flitcroft

Richard Flitcroft is pragmatic and plain speaking, and knows what you need to do when the regulator calls. His expert knowledge delivers valuable insights to individuals and corporations.

Richard has worked closely with the major market regulators. He has helped clients in investigations by the ACCC, ASIC, the Australian Federal Police, the Australian Crime Commission, NSW ICAC, royal commissions and inquests.

These investigations have concerned anti-competitive conduct and arrangements, consumer protection, systemic financial market issues, insider trading, market disclosure, payments for influence and fraud by suppliers to Commonwealth businesses.

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Richard Flitcroft is pragmatic and plain speaking, and knows what you need to do when the regulator calls. His expert knowledge delivers valuable insights to individuals and corporations.

Richard has worked closely with the major market regulators. He has helped clients in investigations by the ACCC, ASIC, the Australian Federal Police, the Australian Crime Commission, NSW ICAC, royal commissions and inquests.

These investigations have concerned anti-competitive conduct and arrangements, consumer protection, systemic financial market issues, insider trading, market disclosure, payments for influence and fraud by suppliers to Commonwealth businesses.

Richard has stood with clients during compulsory examinations and the execution of search warrants, He has advised them about the seizure of materials and the scope of compulsory notices/ warrants, and on legal privilege.

Richard deals with allegations of bribery and corruption.  He has designed and managed independent internal investigations for clients, running alongside regulator investigations

In the competition and consumer protection arena, the ACCC turns to Richard for advice on investigations, and to run litigation. He has expertise in merger clearance, commercial supply and distribution arrangements, joint ventures and agreements between competitors.

He is also experienced in the court-based aspects of schemes of arrangements and shareholder activism.

“Agile, very approachable and responsive” Chambers Asia Pacific Guide
Richard Flitcroft

Richard's Expertise

  • Competition and Consumer law Advising both the ACCC and private and public entities in a wide range of enforcement and investigative activities under the Competition and Consumer Act and Australian Consumer Law relating to cartels, price fixing, and consumer protection.
  • Investigations and examinations Assisted several public and listed companies and individuals in investigations conducted by bodies such as ASIC and Royal Commissions, including representing them in various complex examinations.
  • Administrative resolutions and enforceable undertakings Developing and negotiating administrative resolutions and enforceable undertakings with regulators.
  • Corporations Act litigation Litigation under the Corporations Act concerned with takeover offers, disclosure requirements, capital raisings and shareholders’ and unitholders’ rights.
  • Schemes of arrangement, demutualisation and restructure Acted for both National Roads and Motorists’ Association Ltd and Sydney Futures Exchange Ltd in their respective schemes of arrangement, demutualisation and restructures.
  • Litigation Conduct of matters in all jurisdictions, including the Administrative Appeals Tribunal, New South Wales Supreme Court and Court of Appeal, the Full Federal Court and the High Court of Australia.

Richard's Leadership

  • Law Council of Australia’s Competition and Consumer Committee Member
  • American Bar Association - Anti-trust Section Member
  • International Bar Association - Antitrust Committee Member
  • UTS Sydney – Guest Lecturer 2013 to date “Competition Law” (undergraduate) Faculty of Law

What others say

  • “Best Lawyer - Competition Law” Best Lawyers Peer Review, 2017-2018
  • “Best Lawyer - Corporate/Governance Practice and Regulatory Practice” Best Lawyers Peer Review, 2015-2018
  • “Best Lawyer - Litigation” Best Lawyers Peer Review, 2014-2018
  • “Well known for his understanding of the regulatory perspective” Chambers Asia Pacific Guide, 2016
  • “Richard Flitcroft is highlighted by commentators who emphasise his in-depth understanding of the regulatory bodies” Chambers Asia Pacific Guide, 2015
  • “Leading Lawyer - Competition/Antitrust” Chambers Asia Pacific Guide, 2011-2015
  • “He is agile, very approachable and responsive to our needs” Chambers Asia Pacific Guide, 2014
  • “Regarded for his ‘pragmatic approach’ and ‘strong understanding of client needs’” Asia Pacific Legal 500, 2012/13

Richard's Thinking