Piper Alderman

The funder that backed a failed shareholder class action against an ex-Quintis director and EY is fighting a bid for a third-party costs order, arguing such orders shouldn't be imposed on funders where there is no doubt they will pay up.

Facing a US antitrust suit by Glencore, global agribusiness Louis Dreyfus BV has won its bid to examine Sydney resident Mark Allen, a former Glencore trader and current CEO of agri-finance firm Thera Capital.

A shareholder class action has been lodged against iSignthis and auditor Grant Thornton over the delisted fintech's 2018 financial statements.

A judge has struck out a circular and confusing group definition in an emissions cheat class action against Mercedes-Benz, but has given the class action the chance to replead.

Brokerage firm International Capital Markets says a class action over risky financial products must put up or shut up when it comes to claims in the case that neither applicant has standing to bring.

Mercedes-Benz has taken aim at an amended group definition in a class action over alleged defeat devices designed to cheat emissions testing, with a judge agreeing that it contains "ambiguities and circularities".

A failed class action against Queensland utilities Stanwell and CS Energy can't delay payment of what might be in excess of $30 million in defence costs while it pursues an appeal, but has dodged a penalty for running a case the companies said was hopeless.

Power plant engineer Clarke Energy has lost a challenge to an arbitration win for NT energy provider Territory Generation for delays in construction work on two Alice Spring power facilities.

Piper Alderman has snagged six partners from Squire Patton Boggs, many of whom were at the global firm for over a decade, to join its corporate, construction and financial services teams.

A failed competition class action by Queensland electricity customers accusing utility companies Stanwell and CS Energy of misusing their market power has been appealed to the Full Court.