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Fate of CBA class actions on the line as GetSwift appeal looms
Lawyers for two competing class actions against the Commonwealth Bank of Australia over breaches of anti-money laundering laws say the cases can happily co-exist, but whether the court will agree may well depend on the outcome of a closely-watched appeal in a separate battle over multiple proceedings.
Lawsuits pile up against Macquarie over financial adviser commissions
Macquarie Bank is facing a fourth lawsuit by a group of former financial advisers alleging it breached the Fair Work Act by denying them regular wages.
Goodyear files appeal in trade mark fight with rival Dunlop
US tyre company Goodyear wants to challenge a ruling in a long-running dispute with UK-based rival Dunlop over coveted trade marks for 'Dunlop' and 'Flying D'.
BHP wants judge to stay Australian class action over Brazil disaster
A judge on Friday will hear arguments in a bid by BHP Billiton to halt a class action over the mining giant's Brazilian mine disaster, a sweeping case filed on behalf of investors who held the company's shares in Australia, the UK or South Africa.
Myer class action funder must pay $1M in security for trial
The litigation funder underwriting a class action against Myer will have to fork over another $950,000 in security ahead of what will be a rare shareholder trial starting next Wednesday, a court has ruled.
Privilege not waived by DLA Piper phone call over Circadin patent
Two generic drug makers have lost their bid for confidential documents related to Neurim Pharmaceuticals' patents covering sleep drug Circadin, with a court ruling legal professional privilege was waived in a phone conversation between a DLA Piper lawyer and the company's founder.
Judge doubtful of ‘injustice’ facing Appco in class action
Fundraising company Appco told a judge Friday that it faced an 'injustice' if a wage case were allowed to proceed as a class action on behalf of over 1,000 workers, but the judge was not impressed, saying the argument made 'no sense' to him.
Ex-Kagara directors reach deal in shareholder class action
Eight former directors of failed mining company Kagara have settled a shareholder class action alleging they misled investors and falsified the company's accounting records, the Federal Court heard Friday.
AMP sets aside $290M for customer compensation
Embattled financial giant AMP has moved to regain customer trust, allocating $290 million to compensate customers going back 10 years, the company told shareholders Friday.
Surfstitch shareholders get hands on ASIC transcripts
Investors in a class action against failed online retailer Surfstitch Group won access Thursday to transcripts of interviews of former boss Justin Cameron by the corporate watchdog.