BLS Report, a series of podcasts available created by the Business Law Section, covering topics of interest arising in our fields or practice. This series is in commemoration of the late Professor Robert (‘Bob’) Baxt. Bob Baxt was the father of the BLS. In 1980, he was one of the signatories to the submission to the Law Council to establish the BLS and played a key role in its initial organisation and subsequent development. He was BLS chair from 2001 to 2003, a member of our executive for more than 30 years right up until his passing in March 2018, and whose presence we still feel at our executive meetings as he was a mentor to so many of us. Bob in fact served on three BLS committees, chairing two of them. He practiced and published extensively in the fields of trade practices, corporate law and taxation law, and had a longstanding commitment to legal education. He was Dean of Law at Monash University from 1980 to 1988, and later a professorial Fellow of the University of Melbourne, Chairman of the Law Committee of the Australian Institute of Company Directors, and the founder and general editor of the Australian Business Law Review and the Company and Securities Law Journal.