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Treasury Wine Estates will seek to shut down a shareholder class action brought by Maurice Blackburn after accusing the law firm of breaching its obligations and using documents from a prior lawsuit against the global wine distributor in the current proceedings.
A leading class actions lawyer from Maurice Blackburn "stumbled across" allegedly confidential information embedded in a Treasury Wine Estates' shareholder presentation and used it in the law firm's class action pleadings, a court has heard.
Barristers for the ACCC and online retailer Kogan have been asked to robe up at home as the previously in-person trial shifts to videochat in response to the COVID-19 health crisis.
The High Court has shut down a lawsuit by mortgage aggregator Connective Services over the transfer of one third of the company's shares after finding the proceeding prejudiced shareholders and contravened the Corporations Act.
A failed challenge by baby food maker Bellamy's Australia to a decision rejecting its application to limit legal costs in two class actions was "not strong", but was not so unreasonable as to put them on the hook for indemnity costs, the Full Federal Court has ruled.
Aged care provider Estia Health has launched a bid to strike out the pleadings in a Phi Finney McDonald-led shareholder class action, accusing the law firm of making "speculative allegations" in the hope of strengthening its case later on.
Two units of global insurer Lloyd's have launched a constitutional challenge to a Federal Court order requiring accounting firm Pitcher Partners to hand over certain insurance documents in two shareholder class actions.
Concerns about duplicative costs in multiple class actions are better addressed by case management decisions aimed at cutting excessive expense, not by limiting the amount lawyers representing group members can spend, the Full Federal Court has said in dismissing an appeal by baby food maker Bellamy's.
An appeals court has dismissed a third attempt by directors of mortgage aggregator Connective Group to stifle a shareholder’s derivative lawsuit over a restructure that allowed the sale of 25 per cent of its business to Macquarie Bank.