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Viterra wins Cargill sale docs after mid-trial revelation
Trials 2018-08-07 9:07 pm By Cat Fredenburgh

Cargill has been ordered to turn over what it describes as “highly confidential” documents related to the possible sale of its malt business, a new revelation in the complex trial over claims Viterra fraudulently concealed crucial information when it sold malt producer Joe White Maltings to Cargill Australia in 2013 for $420 million.

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Kraft, Bega to have day in court in battle for peanut butter rights
Intellectual Property 2018-08-01 8:27 pm By Cat Fredenburgh

When US food giant Kraft faces off next week in its lawsuit against Aussie cheese company Bega for allegedly violating its peanut butter trade dress, the court will be faced with the thorny task of unraveling a complex corporate transaction that left both companies claiming rights to the iconic trade dress.

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Provident Capital class actions settle on eve of trial
Class Actions 2018-07-30 12:09 pm By Cat Fredenburgh

A settlement has been reached in two class actions brought on behalf of holders of debentures who allege they suffered losses due to Australian Executor Trustees’ mismanagement of debenture issuer Provident Capital.

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Provident receivers may face objections over PwC merger
Class Actions 2018-07-16 5:45 pm By Cat Fredenburgh

The judge overseeing the administration of Provident Capital has invited debenture holders to object to the company’s receivers staying on after their firm completes its merger with PricewaterhouseCoopers, Provident’s former auditor which has also been named as a cross-defendant in two class actions over Provident’s collapse.

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Lawyer fooled by conman Peter Foster’s “psychological brilliance”, court hears
Class Actions 2018-07-12 10:45 pm By Miklos Bolza

A Sydney lawyer accused in a class action of conspiring with notorious conman Peter Foster in a fraudulent sports betting scheme that left investors $29 million out of pocket was taken in by Foster’s “psychological brilliance”, her barrister told a court Thursday.

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Ford class action trial date vacated for ‘procedural failures’
Class Actions 2018-06-28 11:52 pm By Cat Fredenburgh

The judge overseeing a massive class action against Ford over its PowerShift transmission has vacated the trial date, blaming the lead applicant’s numerous “procedural failures”.

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Ex-Kimberley Diamonds exec acquitted in ASIC case
Securities 2018-06-27 4:30 pm By Cat Fredenburgh

The former head of Australian mining company Kimberley Diamonds has been acquitted of charges that he signed off on market statements that assumed luxury retailer Tiffany & Co would pay higher prices for the company’s rare yellow diamonds.

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Government gets ok to amend defence mid-trial in home insulation class action
Class Actions 2018-06-12 3:41 pm By Cat Fredenburgh

The government has won court approval to amend its defence mid-trial in a class action brought by businesses alleging they were harmed when the Rudd Government cancelled a program that subsidised home insulation installations during the economic downturn. 

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Apple settles ACCC case over iPhone repairs on eve of trial
Exclusive 2018-06-12 12:37 pm By Christine Caulfield

Apple has reached an in-principle settlement with the consumer watchdog in an enforcement action over the tech giant’s repair policies, a judge was told Tuesday.

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Judge throws out S&P damages expert in CDO trial
Securities 2018-05-22 3:37 pm By Cat Fredenburgh

A judge overseeing a trial against S&P Global over its ratings of synthetic collateralised debt obligations has tossed the company’s damages expert, saying she lacked sufficient expertise to provide an opinion on the value of the instruments.

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