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About Caroline

Caroline Goulden specialises in complex commercial disputes. She has practised for almost 20 years in ABL’s commercial litigation and dispute resolution group.

She is a ‘specialist generalist’ – representing public and private companies, directors, trustees and other individuals, deceased estates, and charities, in a broad range of commercial disputes including corporate governance disputes, regulatory investigations, insolvency litigation, shareholder actions, class actions, and contract, trust and estates disputes.

Caroline also acts on behalf of many public interest law clients. She has served as Trust member of the Queen Victoria Women’s Centre and achieved important superior court decisions for charitable organisations.

Caroline graduated from The University of Melbourne with a combined degree in law (with honours) and commerce, majoring in banking and finance. 

Recommended for Dispute Resolution in Australia

Legal 500 Asia Pacific

Practice focus

Caroline’s practice encompasses the following areas:

  • commercial litigation, principally in the Supreme, Federal, and appellate Courts, as well as alternative dispute resolution and private arbitrations;

  • contract and trust disputes, including concerning wrongful termination, restraints of trade, breach of trust and breach of confidence;

  • board and shareholder disputes including oppression, as well as directors’ duties claims and ASIC regulatory investigations;

  • consumer protection, including passing off, misleading and deceptive conduct, and

  • advising executors and beneficiaries of deceased estates, including in relation to claims against estates for family provision, rectification, and challenges to probate.


Caroline has acted in a range of matters, including recently on behalf of:

  • The Liquidators of Arrium Limited, Arrium Finance Pty Ltd and Arrium Iron Ore Holdings (KordaMentha): in one of Australia’s biggest corporate cases, prosecuting proceedings against 10 of the Group’s former directors for insolvent trading following the collapse of the Arrium Group in 2016, and in responding to an appeal in the High Court regarding the use of the compulsory examinations power under s 596A of the Corporations Act by class action claimants;
  • The globally renowned content curator, leadership consultant and keynote speaker Holly Ransom: in connection with the distribution of her newly published book, including issuing urgent proceedings against her publisher Penguin Random House in the Victorian Supreme Court;
  • A major finance house which fell victim to cyber fraud: bringing and managing recovery proceedings in the Supreme Courts of Australia and Hong Kong, including seeking Mareva orders;
  • A senior executive in an ASIC investigation and subsequent banning proceeding: for breaches of the Corporations Act in the provision of financial services;
  • A senior bank employee in connection with an ASIC market rigging investigation, a former director of CBA Ltd in connection with an ASIC investigation, and a former director of Crown in relation to an ASIC investigation;
  • A client in the Court of Disputed Returns: in connection with a potential referral for alleged unlawful behaviour at polling stations;
  • Private equity firm Pacific Equity Partners: in defence of Federal Court proceedings relating to the sale of the Independent Liquor business to Asahi;
  • A multinational dairy co-operative: in providing strategic advice regarding milk supply contracts;
  • A publicly listed company regarding class proceedings in the Federal Court: against a subsidiary, and compliance by the subsidiary with Australian Financial Services Licensees (AFSL) conditions;
  • A leading pharmaceutical company: in connection with a dispute about an asset sale, including advising on anti-suit injunctions to be obtained in the USA;
  • Deceased estates and charitable organisations: about rights of beneficiaries, including in relation to claims made against those estates for family provision, rectification, and challenges to probate, and
  • Public interest law clients: in obtaining judicial review in the Federal and High Courts.

Directorships & memberships

Caroline is a graduate and member of the Australian Institute of Company Directors.

A member of the International Bar Association and Turnaround Management Association (TMA) Australia.

She served as a Trust member of the board of the Queen Victoria Women’s Centre, May 2013 – May 2017.

Awards & recognition

Caroline is recognised as a leading lawyer by various international guides to lawyers and law firms, including:

  • Best Lawyers® International: insolvency & reorganisation law and litigation
  • Legal 500 Asia Pacific: dispute resolution, and
  • Doyle’s Guide: commercial litigation & dispute resolution.

Contact Caroline Goulden

Recognition & publications

Take a look at Insights & News articles referencing Caroline Goulden