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Full Court finally sets date for 7-Eleven class action funder’s CFO fight
The date has been set for a hearing in the second case to test the argument that judges lack power to make a common fund order when a class action settles, and the litigation funder challenging the argument can expect a sympathetic ear.
Former Liberal MP Moira Deeming sues John Pesutto for defamation
Former Victorian Liberal MP Moira Deeming has brought defamation proceedings against the leader of the state's Liberal party, John Pesutto.
Squire Patton Boggs recruits former Gilbert + Tobin lawyer for financial services team
A former Gilbert + Tobin lawyer with over 20 years' experience advising clients in finance transactions has joined Squire Patton Boggs' as a partner in Sydney.
‘We don’t know’ not a reason to block $4.9B Suncorp merger, ANZ says
ANZ has criticised the ACCC’s objection to its planned $4.9 billion merger with Suncorp, arguing before a tribunal that the alleged "uncertain" effects on competition in banking was not a sufficient reason to block the deal.
Government urged to shell out $900M to settle live exports class action
The applicant in a nine-year-old class action over the government's 2011 live exports ban has urged the Commonwealth to pay up to $900 million to settle the case, after earlier settlement efforts flopped.
Fight over competing KFC class actions not yet on the menu
The claims in two class actions alleging fast food giant KFC denied workers rest breaks are substantially similar but not identical, a court has heard, and whether or not the two cases are headed for a battle to survive remains to be seen.
ATO can’t find non-conflicted expert in $173M case over Hilton hotel sale
The ATO has lost its bid for a court-appointed joint expert after it failed to find a witness with legal expertise in structuring hotel sales who was not “commercially conflicted”, with a judge ruling that Hilton should not be prevented from relying on an expert report it already obtained.
Qantas stands by defence in ghost flights case
Qantas has hit back the ACCC's argument that the airline failed to respond to key allegations in its 'ghost flights' case, telling the court it's the regulator's job to particularise its claims.
PwC class action by Axsesstoday bondholders wants to add insurer, 3 years in
More than three years after filing a class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers over a $50 million prospectus, the applicant has asked a court to file a new statement of claim that will join insurer Dual Australia to the case.
Gilbert + Tobin bolsters restructuring practice with Clayton Utz partner hire
Gilbert + Tobin has lured partner Orla McCoy from Clayton Utz to co-head the law firm's leading restructuring and insolvency team, strengthening the practice to over 18 core lawyers.