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Grant Thornton steps up as contradictor in KPMG class action settlement
Accounting firm Grant Thornton has thrown off prior concerns and agreed to take on the dual role of scheme administrator of a confidential settlement by KPMG in the Discovery Metals shareholder class action and costs contradictor of Piper Alderman's $3.5 million legal bill.
Caterpillar pounces on Puma’s ‘procat’ trade mark
A catfight has broken out between construction equipment and workwear maker Caterpillar and sneaker giant Puma, with Caterpillar arguing Puma's 'procat' trade mark is deceptively similar to its 'cat' marks.
Judge urges Grant Thornton to consider Chinese wall in KPMG class action settlement
The settlement of the Discovery Metals investor class action against KPMG has experienced another setback, after scheme administrator Grant Thornton flagged a potential conflict of interest in acting as a costs contradictor over Piper Alderman’s controversial $3.5 million legal bill.
Claims of stolen docs at heart of new suit against Pfizer over vaccine patent
Merck Sharp & Dohme has claimed ownership of a Pfizer patent related to the blockbuster Prevnar 13 vaccine, after a doctor who moved between the pharmaceutical companies and is listed as an author on the patent allegedly accessed confidential Merck documents before jumping ship to Pfizer.
Merck Sharp & Dohme loses key battle in trade mark case ahead of trial
A court has barred US drug company Merck Sharp & Dohme from denying that an agreement made with German pharmaceutical company Merck KGaA was governed by German law, settling a key question before a trade mark case between the two drug giants goes to trial.
Former Dick Smith execs may seek to vacate trial date if cross claims filed
Two former executives of Dick Smith may seek to vacate an upcoming trial date for two class actions against the failed retailer, after recently being hit with cross claims by the company’s former auditor, Deloitte.
Piper Alderman’s $3.5M legal bill for running KPMG class action in limbo
A judge has refused to approve Piper Alderman's $3.5 million in legal fees charged for running a class action against KPMG, appointing Grant Thornton as contradictor and giving the auditor the ability to seek assistance from the court for any future disputes about the controversial bill.
Judge grants costs for anti-suit injunction after Ford class action ‘misadventure’
The Federal Court has granted auto giant Ford's request for the costs of an anti-suit injunction it sought in the PowerShift transmission class action that was ultimately unnecessary after the class was denied its bid to access discovery from similar proceedings in the United States.
Dick Smith insurers face class action over IPO-related policy
Allianz and a number of other insurers of Dick Smith are now facing a class action over the extent of coverage under an insurance policy for the collapsed electronics retailer's initial public offering.
Samsung in hot water with ACCC over water resistant claims
The Australian Competition & Consumer Commission has commenced legal action against Samsung Electronics for allegedly making false, misleading and deceptive representations when marketing the water resistant capabilities of its Galaxy smartphones.