Most Recent
Garuda appeals $19M penalty for air cargo price-fixing
Indonesian national airline Garuda is appealing a $19 million price-fixing fine, the second largest penalty in the ACCC's decade-long global cartel case over air cargo price-fixing.
Mark Elliott’s firm appeals costs ruling in Treasury Wine class action
A firm owned by solicitor Mark Elliot has launched an appeal challenging costs orders made against it in a stayed class action against winemaker Treasury Wine Estates.
Competing law firms agree to join forces in BHP class action
Rival law firms Phi Finney McDonald and Maurice Blackburn have offered to consolidate their competing shareholder class actions against BHP after prompting by the Full Federal Court, which said Friday it approved of the plan.
Investors can’t revive class action over Octaviar collapse
An appeals court has tossed a challenge to the dismissal of an investor class action against the Public Trustee of Queensland over a failure to predict the 2008 collapse of Gold Coast-based finance group Octaviar, finding that the class had run a case based on allegations outside of its claims.
Employees are priority creditors of insolvent trading trustees, High Court rules
The High Court of Australia has resolved a nearly 40-year old question of whether employees of a failed company established as trustee of a trading trust have priority over ordinary unsecured creditors.
Quinn Emanuel files appeal after losing AMP class action contest
Law firm Quinn Emanuel Urquhart & Sullivan has followed through on its threat to appeal a high stakes ruling that shut down its shareholder class action against AMP, along with two competing cases, after a two-day beauty parade that saw rival firm Maurice Blackburn take the prize.
Former MFS boss gets 10% off penalty for $147.5M misappropriation
A court has trimmed 10% off a $300,000 penalty against the former CEO of failed Gold Coast finance company MFS Group, after he successfully argued his role in the misappropriation of $147.5 million in trust funds was not as an officer of the company.
Kraft can stay in peanut butter game while it appeals trade dress loss to Bega
The judge overseeing a dispute between Kraft and Bega over peanut butter trade dress rights has stayed orders barring Kraft from selling peanut butter in Australia featuring the disputed trade dress while it appeals its loss to Bega in the case.
AIG loses appeal over insolvency exclusion in Kaboko Mining D&O policy
AIG Australia has failed to convince the Full Federal Court that an insolvency exclusion in a directors and officers policy held by Kaboko Mining should exempt it from covering claims brought by the collapsed mining company against four former executives after a failure to repay a US$5.95 million loan allegedly led to the company's insolvency.
Commonwealth planning High Court appeal of Navy class action revival
The Commonwealth of Australia is preparing a special leave application to the High Court challenging a NSW Court of Appeal decision reviving a class action brought on behalf of sailors over an allegedly broken Navy training promise.