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Slater & Gordon beats Maurice Blackburn to court with Brambles class action
Slater and Gordon has filed a shareholder class action against Brambles over its allegedly misleading and overly rosy 2017 financial forecasts, beating rival Maurice Blackburn to the punch almost 10 months after it announced it was investigating a shareholder class action against the logistics company.
ObjectiVision can’t overhaul claims in University of Sydney spat over AccuMap
Ophthalmic diagnostic device manufacture ObjectiVision can't file amended claims for damages following a trial in a copyright and contract case against the University of Sydney, with a judge saying the school would be "severely prejudiced" if the new claims were allowed.
Cargill can add details of law firm meeting to case against Viterra
Cargill has won court approval to amend its pleading against Viterra to include details of a law firm meeting in which Viterra executives allegedly made assurances that there were no quality issues with its malt, more than two months into the trial over the $420 million sale of Viterra's Joe White Maltings business to Cargill in 2013.
S&P settlement approved despite ‘extraordinarily large’ funder fee
A judge has given the green light to a settlement of seven class actions against ratings agency S&P Global over toxic financial products, saying despite an "extraordinarily large" litigation funding fee the deal was a "significant vindication" of group member claims.
Westpac dodges ASIC bid for rogue trader chatter
The corporate watchdog can't get its hands on documents detailing Westpac's disciplinary measures against rogue traders or communications between the employees ahead of a penalty hearing in a case that found the bank attempted to influence the Bank Bill Swap Rate.
Viterra wins Cargill sale docs after mid-trial revelation
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.
University of Sydney slams ObjectiVision’s ‘outlandish’ damages claims
Ophthalmic diagnostic device maker ObjectiVision's amended claims for damages, filed after a 25-day patent hearing, are "outlandish" and "unfair," the University of Sydney has told the Federal Court.
Letters to Kmart bigwigs didn’t breach copyright law, streetwear co. says
Globe International denies that it violated the law when it sent multiple letters to Kmart allegedly threatening legal action for infringing its copyright for cargo pants and shorts.
Ex-Bellamy’s boss loses $1.2M share dispute
The former CEO of organic baby food producer Bellamy's Australia has lost a legal battle over $1.2 million in options she claimed she was owed as part of a long-term financial incentives scheme.
Funder slashed rates to secure $132.5M QBE settlement, judge says
The litigation funder behind the Federal Court's precedential ruling that established the first common fund order in an Australian class action agreed to cuts its rates as part of negotiations that resulted in the $132.5 million settlement of the class action against QBE Insurance.