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GetSwift ruling to offer roadmap for competing class actions
A groundbreaking judgment by the Full Federal Court over competing class actions will be handed down Tuesday morning and is expected to give judges much needed guidance on how to move forward when confronted, as they increasingly are, with multiple proceedings over the same alleged misconduct.
Ex-CFO said Rio Tinto reserve write down would be ‘worse by far than expected’, ASIC claims
The Australian Securities and Investments Commission claims Rio Tinto's former CFO was referring to the write down for the reserves for two coal assets that were part of a $4 billion acquisition of Rio Tinto Coal Mozambique when he sent an email to the company CEO in January 2012 that contained the phrase "worse by far than expected".
Top lawyer at Woolworths steps down after $1.7B petrol station deal
The top lawyer for Woolworths, who oversaw a lengthy process to offload the grocery giant's petrol business as well as the aftermath of a rocky joint venture with US home improvement store Lowe's, will step down from his position after four years on the job.
Government to block $13B Chinese takeover of Australian gas network
The Morrison Government plans to block the $13 billion acquisition of Australian energy infrastructure business APA Group by a Hong Kong group of companies led by CK Group, saying the deal was not in the national interest.
Fueltrac to sue Queensland over copyright for pump price report
The Federal Court will hear a dispute between Fueltrac and the State of Queensland over the copyright for the fuel data reporting company's monthly pump price report.
Aussie winemakers lose challenge to ‘Avola’ geographical indication mark
A group representing Australian winemakers has lost its objection to the European Commission's plan to register 'Avola' as a mark of geographical indication for wine.
Lawyers face off over competing class actions
As judges grapple with fierce competition among litigation funders and law firms to lead class actions, Lawyerly asked two leading practitioners on opposing sides of the class action divide to give us their take on the issue.
ACCC’s Sims wins three-year term extension
ACCC boss Rod Sims has won a five-year extension of his term as Chair, ensuring the high energy regulator will continue to make good on its promises of higher fines and tougher enforcement of the nation's competition and consumer laws.
Aboriginal art supplier misled consumers with Indonesian-made fakes, judge finds
A judge has found an Aboriginal art and souvenir supplier misled consumers by creating the false impression its products were made in Australia by Indigenous people, when they were actually made in Indonesia, the consumer watchdog said Wednesday.
Banning closed class actions no easy feat, new report shows
A proposal by the Australian Law Reform Commission that all federal class actions be initiated as open cases may be difficult, if not impossible, to achieve, says a new report by the country's leading class action expert.