Shareholders of New Zealand construction giant Fletcher Building have told a court that late claims in their class action over alleged misleading 2017 profit forecasts are not time barred because knowledge of the allegations was not discoverable before the case was filed.
Looking for a slice of the class actions pie in Australia, UK plaintiffs firm Pogust Goodhead has launched an office in Sydney, headed by two lawyers from boutique Crichton & Co.
A high-profile criminal judge in Victoria has stunned a courtroom with his announcement from the bench that he would resign after learning of a DPP complaint to the state’s judicial commission over his handling of a case linked to the Eastern Freeway accident that killed four police officers.
The High Court has granted special to leave to a class action against Ford over allegedly PowerShift transmissions, agreeing to hear the case alongside two appeals in a class action against Toyota that deal with how reduction in value damages should be calculated under the Australian Consumer Law.
Fast food giant KFC has served its defence in a class action alleging workers were deprived of their rest break entitlements, saying its obligation to provide the break was satisfied if staff were given the chance to stop work but chose not to.
The Law Council of Australia has come out in opposition to calls by the competition regulator for major reform to the country’s merger regime, saying the evidence did not support “wholesale” changes.
Technology company SARB has partially succeeded in a challenge to a ruling that it infringed a rival’s intellectual property in its development of a parking system used by the City of Melbourne, with an appeals court finding a judge made an error in his reading of the claims of one patent at issue.
The recent dismissal of two shareholder class actions after hard-fought trials is expected to lead to a recalibration of litigation risk and may discourage plaintiff firms and funders from pursuing what might once have been considered slam dunk cases, experts say.
Digital currency exchange Block Earner needed a licence to offer its crypto-backed Earner product, a court has found in one of the first decisions on the application of financial services law to crypto investments.
The High Court has agreed to step in to hear an appeal of a ruling that put a Federal Circuit and Family Court judge on the hook for a man’s false imprisonment.