Australia: The great southern land of corporate accountability?

The April 2013 US Supreme Court's Kiobel decision has caused quite a flutter amongst many corporate lawyers and the executives they work for. The decision greatly diminishes the threat to their collective bottom-line of the Alien Tort Statute ("ATS") - a heretofore much vaunted weapon in the armoury of advocates pursuing compensation claims in US courts on behalf of victims of alleged corporate human rights abuses.