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The Western Australian parliament will this week introduce a new class actions regime modelled on the federal scheme, in a move the state Attorney-General says will enhance access to justice and improve efficiency.
Unions sue Qantas over ‘sham’ employee bonus scheme
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The Australian Council of Trade Unions and seven other unions have launched legal action on behalf of 27,000 workers over an alleged “sham” bonus scheme designed to pressure staff into accepting a future enterprise agreement.
Murray Goulburn pays $42M to settle shareholder class action
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Dairy supplier Murray Goulburn has agreed to pay $42 million to settle one of two shareholder class actions over a 2016 profit forecast revision that sent the co-op’s unit price falling more than 40 per cent in five days.
Mark Elliott’s firm appeals costs ruling in Treasury Wine class action
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A firm owned by solicitor Mark Elliot has launched an appeal challenging costs orders made against it in a stayed class action against winemaker Treasury Wine Estates.
Landowners above Sydney Metro tunnel can claim compensation before digging complete
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Landowners above the Sydney Metro underground tunnel will be allowed to claim compensation before construction is complete, with a court also preparing to consider potential compensation for any reduced development potential.
RCR Tomlinson class actions get green light, multiplicity fight looms
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Three shareholder class actions against RCR Tomlinson have been allowed to continued, setting up a class action beauty contest over who will lead the litigation against the failed engineering company.
InterPharma loses bid to invalidate Pfizer’s Precedex patent
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Global pharmaceutical giant Pfizer has successfully defended the patent for its sedative drug Precedex against a validity challenge, a big win for the drug maker after a US court found last year that its patents for a ready-to-use version of the drug were invalid for obviousness.
Judge pauses ASIC case against ANZ over $2.5B share placement
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ANZ Bank has secured a stay of the corporate cop’s civil penalties proceeding over disclosures related to its $2.5 billion equity capital raising while it fights criminal cartel charges related to the controversial share placement.
Competing law firms agree to join forces in BHP class action
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Rival law firms Phi Finney McDonald and Maurice Blackburn have offered to consolidate their competing shareholder class actions against BHP after prompting by the Full Federal Court, which said Friday it approved of the plan.
Judge crushes Monster Energy’s opposition to monster wheel trade marks
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A judge has allowed a company associated with leading tyre retailer Bob Jane T-Mart to register three trade marks for its brand of Monster alloy wheels, dismissing claims from US energy drink giant Monster Energy that allowing the registration would lead to confusion.