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Treasury Wine can’t get costs for stayed class actions, court told
Treasury Wine Estates can't claim its legal costs in defending against two stayed shareholder class actions because the terms of a settlement in a third class action barred the company from recovering anything from group members in related cases, a court has heard.
Judge picks winner in BHP class action contest
A judge has chosen a winner in a battle of law firms vying to run a massive shareholder class action against BHP over the fatal collapse of a dam at its Brazilian mine, saying the funding arrangement behind the successful case would best serve class members.
Hytera ordered to hand over ‘stolen’ Motorola code
Hytera Communications has been ordered to hand over source code that Motorola Solutions claims was stolen by three employees who jumped ship between the companies.
Judge spurs ASIC to mediate in NAB fees for no service case
A judge has pushed the Australian Securities and Investments Commission into mediation with two NAB wealth management units in its case over $100 million in fees for no service, despite the regulator's contention that mediation is not the best way to move the case forward.
Johnson Winter & Slattery hits back at PwC claims in Vocation class action
Law firm Johnson Winter & Slattery has filed its defence against a cross claim by accounting giant PricewaterhouseCoopers in a shareholder class action over the collapse of Vocation, pointing to an email that shows the training company was advised of its disclosure obligations to the market.
Hytera wins bid to postpone Motorola copyright case
Hytera Communications has won its bid to have a new copyright case brought against it by rival Motorola Solutions heard separately from a patent infringement trial scheduled to begin in July next year.
TPG, Vodafone tie-up would lead to pricier mobile plans, ACCC says
The ACCC has expressed concerns about the proposed merger of telecoms TPG and Vodafone, saying the deal could substantially lessen competition and lead to higher-priced mobile plans.
Takata air bag class actions can claim car makers’ silence was deceptive
Seven class actions against auto makers that sold cars equipped with defective Takata airbags can allege the car makers' silence constituted misleading and deceptive conduct.
Court approves $6.7M settlement in MacMahon class action
A judge has signed off on a $6.7 million settlement in a shareholder class action against mining firm MacMahon Holdings that will see group members get $2.4 million, or 35 per cent, of the total sum.
Funder in Murray Goulburn class action seeks 28% cut
The funder that's bankrolling a shareholder class action against Murray Goulburn is seeking court approval for a funding agreement under which it would get a 28 per cent cut of any settlement.