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Law firm Quinn Emanuel Urquhart & Sullivan has told the court it will appeal a judgment permanently staying its shareholder class action against AMP over the wealth manager’s fees for no service scandal.
Judge blasts insurers in Forge investor class action for ‘waste of everybody’s resources’
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A judge has granted discovery of up to 32,000 documents just months out from the Forge investor class action trial, as she blasted the insurance company respondents for wasting resources after they failed to comply with the court’s previous orders.
Investors to get their day in court over Credit Suisse ‘MINI’ warrants
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A Federal Court judge has ruled he has jurisdication to hear a case brought by a group of investors against a unit of Credit Suisse over complex derivative products known as MINI warrants, despite the bank’s argument that the claims allege breach of contract under common law, not federal law.
Maurice Blackburn gets second shot at pursuing class action against BHP
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Maurice Blackburn has partly prevailed in an appeal of a judge’s decision to put the brakes on its shareholder class action against BHP while greenlighting a competing case brought by Phi Finney McDonald, with an appeals court ordering the rival law firms to negotiate a deal to consolidate their litigation.
Farmers can’t use the word ‘oil’ in Montarra oil spill class action, PTTEP says
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Oil company PTTEP has objected to Indonesian seaweed farmers using the word “oil” in their evidence in the Montarra oil spill class action, arguing they are not qualified to identify oil.
ACCC approves ‘green’ plastic certification trade mark over vagueness concerns
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The Australian Competition and Consumer Commission has approved an application by plastics manufacturer OxoPak for a certification trade mark for certain biodegradable plastics.
KPMG settles lawsuits by Equititrust liquidators accusing accounting firm of negligence
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The liquidators of Gold Coast fund manager Equititrust are seeking court approval of a confidential settlement of two proceedings brought against KPMG for allegedly failing to properly audit the firm prior to its collapse.
ISPs ordered to block sites that ‘rip’ audio from YouTube music videos
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The court has ordered Australia’s biggest internet service providers to block seven websites from “ripping” audio files from music videos on YouTube, in what the judge described as “industrial scale copyright infringement”.
Judge questions Piper Alderman’s $3.5M legal bill in KPMG class action
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A judge has questioned whether he should approve the $3 million legal bill in the settled Discovery Metals shareholder class action against KPMG, amid concerns the plaintiff’s lawyers, Piper Alderman, breached legal profession regulations by failing to update their estimated costs.
Mills Oakley nabs K&L Gates partner for launch of Melbourne IP group
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Australian law firm Mills Oakley has established an IP practice in its Melbourne office, snatching a senior lawyer from rival K&L Gates, which is now set to lose five IP specialists in the space of almost two months.