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‘Troubled’ by costs in Monsanto class action, judge wants initial trial on Roundup cancer risk
The judge overseeing a class action against Bayer-owned Monsanto has suggested a hearing by the end of the year on the cancer risks of the company's Roundup products, saying judgment on that question would either encourage the proceedings to settle or end the case.
Judge wants lawyer’s view on funding commission before approving $50M Vocation settlement
The judge considering the $50 million settlement reached in the shareholder class action against failed training company Vocation and auditor PricewaterhouseCoopers has signalled his likely approval of the deal, but wants a senior lawyer to tell the court why the funding commission is reasonable.
JPMorgan wants to have its cake and eat it too in ANZ cartel case, court hears
Whistleblower JPMorgan can't be a witness in a criminal cartel case over a $2.5 billion ANZ share placement that has ensnared several investment banks and top executives and claim privilege over witness statements relevant to the case, a court has heard.
‘Disturbing number of similarities’: Judge slaps interim injunction on ‘RestQ’ trade mark use
A judge has issued an injunction temporarily barring use of the RestQ trade mark on sleep products sold by Martin & Pleasance because of a “disturbing” number of similarities with the marketing and appearance of an established competitor’s Rescue natural sleep aid product.
Monsanto class action judge won’t rule on expert evidence in novel hearing
A judge overseeing a class action against Bayer-owned Monsanto over its allegedly carcinogenic weedkiller, Roundup, has declined to rule on the admissibility of expert evidence in a hearing ahead of trial next year, despite concerns about the independence of the expert witnesses for the class.
‘Insureds are not only risks; they are people’: Judge slams TAL’s treatment of cancer patient’s claim
In another victory for ASIC in a case stemming from the banking royal commission, a judge has ruled that TAL Life Limited breached the Insurance Contracts Act after denying coverage to a cancer patient and threatening to recover $24,000 it had already paid to her.
Herbert Smith Freehills says Arrium lenders ‘a million miles away’ from properly run case
Law firm Herbert Smith Freehills has attacked a lawsuit brought by a group of lenders against collapsed steel giant Arrium, rejecting claims that $430 million in loans was borrowed under misleading or deceptive representations.
Former Arrium group treasurer rejects liquidators’ ‘infected’ insolvency case
The former group treasurer of collapsed steel giant Arrium has hit back at claims brought by the company's liquidators that it was trading while insolvent, arguing the case had been 'infected' by evidence from an expert who was also a plaintiff in the case.
Herbert Smith Freehills warned Arrium of insolvent trading risk, court told
Doomed iron and steel giant Arrium attempted to stave off its inevitable $2.8 billion collapse and put off negotiating with its lenders until the last minute despite warnings from its legal and financial advisors, liquidators for the company told the court.
Fair trial may not be possible for adviser targeted by ASIC in IOOF unit case, court told
A financial adviser at the centre of ASIC's bad advice case against an IOOF unit might mount an argument that a fair trial is not possible because of his "fulsome" answers to investigators during a compulsory examination.