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7-Eleven class action contradictor says settlement CFO bid should go to Full Court
A contradictor asked to weigh in on a $98 million settlement in class actions against 7-Eleven has said the Full Federal Court should decide an application by the funder for a common fund order, citing the importance of the issue.
Ex-Tennis Australia president loses bid for $4.3M in indemnity costs against ASIC
Former Tennis Australia president Steven Healy has lost his bid for $4.3 million in indemnity costs against ASIC over its failed case over the rights to the Australian Open, with a judge finding the regulator’s case against him had “reasonable prospects of success” before trial.
BlueScope meeting made distributor ‘extremely uncomfortable’, ACCC tells court
BlueScope general manager Jason Ellis made executives of a steel distributor “extremely uncomfortable” in a meeting where he presented the steel giant’s price list, a court hearing the ACCC’s price-fixing case was told Monday.
Administrators seek more time to sort through 25 potential buyers for Atlas Gaming
The administrators of pokie manufacturer Atlas Gaming, of which former Victoria Premier Jeff Kennett is a major shareholder, are seeking an extension of time to finalise the sale of the struggling business which owes more than $9.5 million to creditors, shareholders and employees.
Arnold Bloch Leibler, Slater & Gordon settle class action over Quindell acquisition
An in-principle settlement has been reached with law firms Arnold Bloch Leibler and Slater & Gordon in a class action over Slater & Gordon's disastrous $1.2 billion Quindell acquisition.
BlueScope general manager ‘not an honest witness’, ACCC tells court
BlueScope Steel general manager Jason Ellis was not an honest witness and did not express genuine regret when he apologised for obstructing an ACCC investigation, a court hearing the regulator’s price-fixing case was told Tuesday.
Ex-Norton Rose lawyer barred from acting for client over conflict of interest
The lawyer at the centre of a $160,000 legal battle with former employer Norton Rose Fulbright has been restrained from acting as his own corporation’s legal representative in a joint venture dispute due to a conflict of interest.
Settlement talks fail in Pitcher Partners, Arnold Bloch Leibler class actions
Two class actions against Pitcher Partners and Arnold Bloch Leibler over advice given ahead of Slater & Gordon's disastrous $1.2 billion Quindell acquisition will proceed to trial next month after mediation between the parties failed to resolve the cases.
Ex-Dick Smith CFO to appeal $43M victory for NAB
Dick Smith's former CFO will appeal a $43 million judgment in favour of National Australia Bank over his role in the retailer's collapse.
Objection to barrister’s eye rolling during BlueScope cross-exam shot down
A judge hearing a price-fixing case against steel giant BlueScope has overruled an objection to the ACCCs barrister's allegedly excessive "eye-rolling" and "scathing and sarcastic" manner during a cross-examination in which the company's general manager was accused of lying under oath.