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ASIC’s insider trading case against Westpac should be heard ASAP, says judge
ASIC’s case accusing Westpac of insider trading before the $16 billion privatisation of electricity provider Ausgrid should be heard “as quickly as the court can deal with it”, a judge has said.
Settlement reached in Takata airbags class actions
Six of the world's largest car makers have agreed to settle class actions accusing them of selling cars with deadly Takata airbags.
After triumphing in beauty parade, Maurice Blackburn seeks stay of PFM’s Boral class action
After winning a three-way contest to lead a shareholder class action against construction giant Boral, Maurice Blackburn is seeking to stay a competing class action by Phi Finney McDonald that was allowed to continue as a closed class action.
Pop star Katy Perry wins privilege spat in trade mark lawsuit against designer
US singer Katy Perry has won a ruling shielding communications with lawyers from 2009 in a trade mark dispute with Australian fashion designer Katie Perry.
Victoria drops out of combustible cladding class actions
The state of Victoria has opted out of two class actions over allegedly combustible cladding, after agreeing to join as a group member last year.
Super funds want price info protected in Westpac insider trading case
Industry super funds AustralianSuper and IFM Investors - the consortium behind the interest rate swap at the centre of the corporate watchdog's insider trading case against Westpac -- have asked a judge to shield commercially sensitive information from the public as the high-profile action unfolds.
GetSwift class action faces fight to use witness evidence from ASIC case
GetSwift is opposing a bid by the lead shareholder in a class action to rely at an upcoming trial on evidence given by overseas witnesses in last year’s hearing in ASIC’s case, and its resistance could force the class to bring a separate case in the US to compel fresh testimony, a court has heard.
Full Court won’t undo injunction barring ‘RestQ’ trade mark use
An appeals court has upheld a ruling which bars use of the RestQ trade mark on sleep products sold by Martin & Pleasance because of a “disturbing” number of similarities with the marketing and appearance of an established competitor’s Rescue natural sleep aid product.
ASIC should spell out ‘serious’ insider trading allegations, Westpac tells court
Westpac has argued that ASIC should flesh out its case accusing the banking giant of insider trading before the $16 billion privatisation of electricity provider Ausgrid, saying the regulator has not explained the nature of the alleged inside information.
Court can order class action opt out notices for limited number of group members, judge says
A judge has found he has power to order that opt out notices be sent to a limited number of Boral shareholders eligible to join two class actions that faced off last month in a class action beauty parade.