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One law firm should run class action against Treasury Wine, court told
Two competing shareholder class actions against global winemaker and distributor Treasury Wine Estates over an earnings downgrade in January this year should be consolidated, and a judge should pick just one law firm to run the case, a court has heard.
Judge slams parties in ANZ class action for ‘putting their pens down’
A judge has accused the parties in a class action against ANZ over the sale of allegedly worthless insurance  of “putting their pens down” and failing to advance the case until a strike out application is resolved.
Maurice Blackburn didn’t breach obligations by filing new TWE class action
Maurice Blackburn did not breach its obligations by using material from a now settled class action against Treasury Wine Estates to draft new class action pleadings against the wine maker, a court has found.
Hytera can’t ‘repackage’ deputy director as lay witness to avoid evidence rules on relevance
A judge has found that Hytera Communications cannot "repackage" evidence given by one of its deputy directors to avoid rules about opinion evidence while defending a copyright infringement case by Motorola Solutions.
Lawyers say judge has power to close class action with tweak to group member definition
Lawyers running a class action against recycling company Sims Metal Management say the court has power to approve their bid to amend the group member definition that will effectively close the class, but the judge overseeing the case will appoint a contradictor to represent group members in a hearing over the application.
ASIC scores ‘narrow’ win in case against ex-Tennis Australia director
A judge has handed ASIC a "narrow" win in its action against former Tennis Australia director Harold Mitchell, tossing most of the regulator's case and accusing it of "confirmatory bias".
iSignthis lawsuit fails to plead how ASX caused $27M in losses, court finds
A lawsuit by iSignthis seeking over $27 million in damages from the ASX has been sent back for revision, after a judge found the fintech had failed to causally link how a report by the exchange led to lost contracts with five clients.
ACCC denies acting on JPMorgan advice when sending cartel case to CDPP
A senior officer from the ACCC has rejected claims that the regulator took legal advice from immunity applicant JPMorgan before launching its high profile criminal cartel case against ANZ, Citigroup and Deutsche Bank.
ACCC accused of ‘slapdash’ decision to charge Deutsche Bank exec in ANZ cartel case
A former high-ranking Deutsche Bank executive charged with involvement in an alleged cartel agreement relating to a $2.5 billion ANZ share placement claims he was dragged into the case becaused of the "incredibly slapdash" methods of the ACCC.
ANZ accuses ACCC of ‘heavying’ cartel witnesses from JPMorgan
ANZ Banking Group has slammed a decision by the ACCC to escalate concerns that one of its key cartel witnesses was not being "full and frank", claiming this was a way to put pressure on the witness and bring his evidence into line.