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Meta reaches mid-trial settlement in competition case by start-up
Instagram owner Meta has settled a competition case brought by a marketing company that alleged the social media giant engaged in anti-competition conduct when it barred the start-up from accessing the platform in 2019.
Judge approves settlement in Thirdi class action
A judge has signed off on a partial settlement in a class action brought by the owners of lots in an allegedly shoddy townhouse development in Sydney.
Hyundai, Kia want class closure after warranty data reveals single claim
Hyundai and Kia are calling for court orders that drivers sign up if they want a slice of any settlement in defects class actions, pointing to data that shows just one of 400,000 group members has made a claim on their vehicle warranty.
Construction PRO
Appeal flagged in $300M suit over Glebe Island lease
Sand importer Metro Environmental Logistics has foreshadowed an appeal after losing its case against the Port Authority of NSW over a lease agreement for a multi-user facility in Sydney Harbour.
Ex-NAB unit urges High Court to pass on conflicted remuneration case
Former NAB super fund trustee NULIS Nominees has urged the High Court to reject a special leave application in a failed class action over $165 million in conflicted remuneration, saying the appeal is highly fact-specific and doesn't raise a matter of public importance.
Contradictor appointed amid ‘concerns’ about $18M class action settlement
A contradictor will weigh in on an $18 million settlement in a class action by Sydney homeowners, even though the funder and law firm have agreed to a cut from their deductions, which would have left just 20 per cent of the settlement for group members.
Smart Trike can’t withdraw admissions in Target suit after lawyers’ error
A judge has rejected ride-on toy maker Smart Trike's bid to withdraw admissions in a dispute with Target due to errors by its lawyers, saying the company had failed to adequately explain how the admissions came to be made and repeated in three versions of its defence.
Price-fixing parties should have met ‘without bread and water’ until conferral complete: judge
A judge has scolded the parties in a price-fixing case against Downer EDI's Spotless and Ventia for not conferring long enough to finalise critical documents ahead of trial, saying he should have ordered they stay in a room "without bread and water" until the task was complete.
ACCC clears Peter Warren’s Wakeling acquisition with divestitures
The ACCC has approved Peter Warren Automotive's acquisition of Wakeling Automotive Group’s new car dealerships after it agreed to divest eight sites amid the regulator's concerns about competition in Sydney's Macarthur region.
Class action fights Worley’s High Court appeal, says proof ‘overwhelming’
A shareholder class action that succeeded in the Full Federal Court has argued that Worley's appeal to the High Court should be rejected, saying that its proof regarding market-based causation was “overwhelming”.