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Funder’s average rate of return a factor in approving class action commission, judge says
A litigation funder's average rate of return on its investment in shareholder class actions was one of a number of factors weighed by a judge in approving a 25 per cent funding cut from the $42 million settlement in a class action against dairy cooperative Murray Goulburn.
Lead applicant in horse vaccine class action told to ‘put up or shut up’
Global animal health company Zoetis has told the lead applicants in a class action over horse vaccines to "put up or shut up" and produce evidence disclosing an alleged scientific link between the hendra virus vaccine and certain alleged adverse side effects.
Bayer defeats Norbrook opposition to animal antiseptic patent
A delegate of IP Australia has tossed opposition by veterinary pharmaceutical company Norbrook Laboratories to a patent by rival animal health specialist Bayer New Zealand for a bovine antiseptic treatment.
Brexit, COVID-19 no reason to alter security terms in Gladstone Ports class action, judge says
A judge has rejected claims by Gladstone Ports Corporation that security for costs in a $100 million class action by commercial fishing operators should not be paid through a London-based insurer because of the impact of Brexit and COVID-19.
Government hit with $2.9M judgment in live export class action
The lead applicant in a class action against the Federal Government over its total ban on live cattle exports to Indonesia in 2011 has been awarded $2.9 million, potentially exposing the government to hundreds of millions of dollars in damages.
Fonterra hit with class action over drop in milk prices
Fonterra has been hit with a class action by disgruntled dairy farmers who allege they were unlawfully underpaid when the processor slashed milk prices and sought a "clawback" in 2016.
Bayer’s parasite treatment patent bites the dust after challenge by Abbey
Animal health company Abbey Laboratories has successfully challenged an application by rival Bayer Australia for a patent covering a treatment for biting lice.
Government faces hefty bill after loss in landmark live export class action
A judge has ruled in favour of live exporters in a class action against the Federal Government, finding a total ban on live cattle exports to Indonesia in 2011 was "capricious and unreasonable".
Client poaching allegations fly in Monsanto class actions
A judge has rejected concerns about client poaching raised by the law firms involved in competing class actions against chemical giant Monsanto.
Scotsburn bushfire class action settles for $10.5M
A class action launched over the Scotsburn bushfire that burnt down 12 homes and ravaged over 4,000 hectares in Victoria in December 2015 has reached a $10.5 million settlement with agricultural machinery company Agrison and insurer Auto & General Insurance Company.