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AIG reaches settlement in Linchpin investor class action
A class action brought by investors of failed advisory firm Linchpin has reached a settlement with insurer AIG — the last remaining defendant in the case.
Construction PRO
AkzoNobel waived privilege over document audit log in suit over Ichthys LNG: court
Paint maker AkzoNobel must produce a document history log that includes embedded comments from its lawyers at Clayton Utz, in a dispute over alleged defective coating used on the $45 billion Ichthys natural gas project.
GM moves to strike out class action’s ‘circular’ pleading
A judge has said he is satisfied that GM's concerns about a class action's "circular" explanation of alleged design flaws in certain Holden vehicles are "not trivial". 
StrongRoom AI unit warns creditors to sort out freezing orders fast
A unit of collapsed start-up StrongRoom AI has warned creditors of its parent company that recent freezing orders need to be tweaked to allow it to continue trading, or there may be little money left to argue over. 
Origin cops $17.6M penalty in action by Victoria’s essential services watchdog
Origin Energy has been ordered to pay a record $17.6 million after admitting it breached Victoria’s energy rules, impacting over 670,000 customers.
Russian aluminium company can’t appeal win for Rio Tinto in High Court
Russian company UC Rusal has lost a High Court leave bid after an "extremely harsh" finding that Rio Tinto was entitled to refuse alumina deliveries because of export sanctions.
4 ways the High Court could go on CFOs
As the High Court hears oral arguments this week on the reach of power to make common fund orders for firms and funders bringing class actions, Lawyerly gives a cheat sheet on what the justices could do.
Lundbeck, Sandoz end long-running Lexapro patent war
Pharmaceutical giant Lundbeck has resolved its battle with Novartis unit Sandoz over top-selling drug Lexapro, a battle that has raged for years and across multiple courts.
Baker McKenzie lures partner back to tax group
A transfer pricing pro who spent ten years as a partner at Baker McKenzie has rejoined the firm's tax practice after a stint in-house.
Quintis misled the market, but class action’s loss narrative lost the case
In tossing the sixth securities class action to go to trial in recent years, a Federal Court judge has shown the task of proving shareholder loss is a doozy.