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Judge extends injunction blocking ex-Liberty Financial exec from joining rival
Employment 2021-06-04 2:10 pm By Christine Caulfield

A judge has extended an injunction barring a former manager of non-bank lender Liberty Financial from working for a unit of Wingate Group until after trial in a case over a restraint clause in the executive’s contract.

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Court urged to reject law firm’s contingency fee bid in ANZ, Westpac class actions
Class Actions 2021-06-03 10:25 pm By Miklos Bolza

A Victoria Supreme Court judge weighing for the first time an application by a law firm for a percentage cut of recoveries in class actions has been told to reject the bid because group members would fare better under the firm’s current no win, no fee funding arrangement.

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BHP loses ‘highly problematic’ bid to exclude foreign investors from class action
Appeals 2021-06-03 10:10 am By Cindy Cameronne

Global resources giant BHP Group has lost an appeal in its fight to exclude foreign investors from a shareholder class action over the 2015 Fundao dam disaster, after arguing the class action regime applies only to those in Australia.

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Defence firms’ bid for piece of class action pie may come with risks
Class Actions 2021-06-01 5:10 pm By Miklos Bolza

Drawn in by economic incentives, more defence law firms are getting in on the class actions action, but playing both sides may have its drawbacks.

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JPMorgan tries to shield ASIC settlement negotiations in ANZ cartel case
Competition & Consumer Protection 2021-06-01 4:09 pm By Miklos Bolza

JPMorgan is fighting to keep details of failed settlement talks with ASIC under wraps in criminal cartel proceedings over a $2.5 billion ANZ share placement, as ANZ seeks to uncover whether the corporate regulator made a deal with the investment bank ahead of the cartel case being filed.

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COVID-19 class actions against Victorian government doomed to fail, court told
Class Actions 2021-05-31 10:38 pm By Christine Caulfield

Two class actions over Victoria’s botched handling of the COVID-19 hotel quarantine program alleged to be responsible for the state’s second pandemic wave plead a novel duty of care that doesn’t exist, a court has heard.

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Clive Palmer can’t stay battle in decade-long ‘litigious warfare’ with CITIC
Energy & Natural Resources 2021-05-28 11:28 pm By Christine Caulfield

Billionaire Clive Palmer has lost his attempt to shut down a breach of contract case over the $5.8 billion Sino Iron project brought by the Hong Kong-based mining conglomerate CITIC, the latest front in the “theatres of conflict” between the warring parties.

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Lawyerly announces Litigation Rising Stars of 2021
Litigation Rising Stars 2021-05-28 9:33 pm By Cat Fredenburgh

Lawyerly is pleased to announce the winners of its inaugural Litigation Rising Stars competition, which honours 30 lawyers under the age of 40 for their work in high-stakes litigation.

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Court bars ex-Liberty Financial exec from jumping ship to competitor
Employment 2021-05-27 1:12 pm By Cat Fredenburgh

A judge has issued a temporary injunction barring a former manager from non-bank lender Liberty Financial from moving over to a unit of the Wingate Group, after hearing the company was “start-up facsimile” of Liberty which aimed to become a competitor in the future.

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Arnott’s, Goodman Fielder lay down swords in ‘Plantry’ trade mark battle
Intellectual Property 2021-05-26 8:50 am By Cat Fredenburgh

Arnott’s and Campbells have settled a lawsuit brought by Goodman Fielder accusing them of infringing its ‘Plantry’ mark under which it sells plant-based frozen meals, after the cookie company filed a cross-claim seeking to have the mark cancelled.

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