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High Court refuses to take up 7-Eleven’s challenge to settlement CFOs
The High Court has declined to hear a case that challenges the power of judges to make common fund orders at the close of litigation, a challenge the Federal Court had labelled "hypothetical".
Chief judges say virtual hearings are here to stay
The chief judges of three of the country's top courts say virtual hearings, including through the use of popular livestream technology, will be around long after the coronavirus pandemic ends.
CFOs in spotlight again as High Court weighs 7-Eleven special leave bid
The power to make common fund orders in class actions is a question before the High Court a second time, but the justices aren't likely to quell the conflict simmering in the courts below, at least until they have a concrete order before them.
Thomson Geer strengthens media team by snapping up News Corp lawyer
Law firm Thomson Geer has bolstered the ranks of its media team with the recruitment of News Corp senior litigation counsel Marlia Saunders to its Sydney office.
MinterEllison appoints acting CEO Virginia Briggs as new boss
MinterEllison's acting chief executive officer Virginia Briggs will officially take the reins of the law firm after temporarily replacing ousted CEO Annette Kimmitt.
Treasury has no time to list ‘opportunistic’ class actions driving reform bill, committee told
Combatting "opportunistic" class actions is one of the main drivers behind proposed legislation to reform Australia's continuous disclosure laws, but the federal treasury department has brushed off a Senate committee's request for a list of cases apparently deserving of the derogatory tag.
Silk on cutting-edge IP cases elevated to Federal Court
A top intellectual property barrister who has worked on cutting-edge cases that raise novel questions about the patentability of inventions has been appointed to the Federal Court.
ACCC will not oppose Woolworths’ planned $552M investment in PFD
The ACCC has cleared Woolworths' planned $552 million acquisition of a 65 per cent stake in wholesale food distributor PFD Food Services without the supermarket giant's proposed undertaking to maintain independence between the company for three years.
Halifax auditor faces first criminal charges over auditing breaches
Criminal charges have been laid against the auditor of stockbroker Halifax Investment Services, whose 2008 collapse left around $200 million in client funds trapped, in the first criminal charges brought over auditing services in Australia.
BHP loses ‘highly problematic’ bid to exclude foreign investors from class action
Global resources giant BHP Group has lost an appeal in its fight to exclude foreign investors from a shareholder class action over the 2015 Fundao dam disaster, after arguing the class action regime applies only to those in Australia.