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Hammer not having it: Trial in APAC, Dexus row starts, then stops
Questioning of the first witness in Dexus' case against Melbourne Airport's operator was an hour in when trial was halted by the judge, who complained of flying by the seat of his pants, documentary evidence-wise.
Judge wants more info on ‘extraordinary’ legal fees in AMP class action
A judge has asked for more information on why he should approve $45 million in legal fees in a class action against AMP that settled for $120 million, calling the amount "extraordinary" and "troubling".
a2 Milk to pay $62M to settle shareholder class action
Dairy giant a2 Milk has agreed to cough up $62 million to settle a consolidated shareholder class action over a 2021 guidance.
Latest MWL Financial adviser DQ’d for steering investors to Shield
A Melbourne adviser is the latest person linked to MWL Financial to be banned for spruiking Keystone Asset Management's failed Shield fund to clients.
Chemist Warehouse must bargain with SA workers after failed appeal
The Fair Work Commission has rejected Chemist Warehouse's appeal of orders requiring it to negotiate a multi-employer agreement with its South Australian workforce under new bargaining laws.
In Mastercard case, judge says suppression bids ‘spiralling out of control’
A judge has said he will not be able to decide all the suppression applications in the ACCC’s misuse of market power case against Mastercard ahead of trial, saying the court was facing an “unreasonable, if not oppressive” burden.
Kmart hit with underpayments class action
Kmart has been hit with a class action on behalf of thousands of salaried managers who allege they were systematically underpaid.
AstraZeneca probes Pharmacor’s delayed defence in Forxiga patent fight
Pharmacor is resisting AstraZeneca’s notice to produce in an intellectual property fight over diabetes drug Forxiga, claiming privilege over material evidencing its consideration of a new claim challenging the validity of a patent extension.
RAMS franchisee doesn’t want to be ‘swept into’ class action trial
A former RAMS franchisee has raised concerns about a joint trial of its case with a related class action against the defunct Westpac home loan subsidiary, saying the overlap between the cases may be “much less than advertised”.
ACCC taps keg supplier’s acquisition of rival for in-depth review
The competition regulator will further probe US keg company MicroStar's proposed acquisition of the assets of rival keg pooling service Konvoy, saying the transaction could substantially lessen competition.