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ASIC takes GetSwift to court over inadequate shareholder disclosures
The Australian Securities and Investments Commission has added to logistics provider GetSwift's legal woes, filing a lawsuit over the company's alleged failure to disclose material information to shareholders about contracts with clients such as Amazon and Yum! Brands.
Draft expert reports fair game in $100M Gladstone Ports class action
Gladstone Ports has won access to draft expert reports prepared by Clyde & Co in its $100 million class action against the Queensland government owned organisation, with a judge ruling the documents were not privileged despite their not being used in the case.
ACCC cuts collusion claims as trial against Pacific National, Aurizon comes to an end
The Australian Competition and Consumer Commission has dropped its claims of collusion against rail freight companies Pacific National and Aurizon, as the trial in its competition case wraps up this week.
Wavetrain wants court muzzle on competitor’s bad-mouthing over IP
Railway technology company Wavetrain Systems has asked the court to bar a competitor started by its former CEO from making allegedly false claims about its patented rail safety devices to clients.
Acciona mulls settlement with NSW Government in light rail dispute
Acciona Infrastructure and Transport for NSW are currently in settlement talks over a $1.2 billion dispute around the NSW government's ongoing light rail project in Sydney.
Common fund orders fulfil class action promise, lawyers tell historic appeals court
Common fund orders are the completion of the notion of class actions envisaged when the regime was introduced 27 years ago, a joint-sitting of two appeals courts was told on the second and last day of a landmark challenge to what has become an oft-used case management tool by trial judges.
BlueScope wins confidentiality order in Aurizon collusion case
The court overseeing the ACCC's collusion case against rail freight operators Aurizon and Pacific National has granted a confidentiality request by BlueScope Steel over documents subpoenaed after the steel company told the court trucks were not a viable alternative for transporting its goods in Queensland.
Pitcher Partners appeals $5.6M damages award over concealed accounting error
Accounting firm Pitcher Partners will challenge a ruling that it owes a NSW bus operator $5.6 million in damages for fraudulently concealing a costly amortisation error.
Common fund orders in class actions either ‘premature’ or ‘pointless’, joint appeals court told
An appeal before a historic joint sitting of two courts over so-called common fund orders in class actions kicked off Monday with a full bench of six judges and a packed courtroom hearing arguments by eminent barristers for BMW and Westpac that the orders are either preemptive or pointless.
Judge slams ‘extremely unhelpful’ Qantas defence in underpayment case
A judge has taken Qantas to task over its defence in a Fair Work case brought by the Australian Licenced Aircraft Engineers Association union over alleged underpayments to LA-based mechanics, calling the document "extremely unhelpful".