Please login to bookmark Close
The Full Federal Court on Tuesday dismissed an appeal by aviation services company Aerocare of a ruling rejecting an enterprise agreement the Transport Workers Union called “substandard”.
Quinn Emanuel AMP financing heralds era of class action beauty pageants
Please login to bookmark Close
The financing arrangement underwriting Quinn Emanuel’s shareholder class action against AMP, which will earn its partner Burford Capital a record low 10 percent of any recovery, sets a new standard in class action litigation funding, and is expected to spark greater price competition in the industry.
Yazaki ordered to pay record $46M for price fixing on car parts
Please login to bookmark Close
The Full Federal Court has slapped Japanese car parts maker Yazaki Corporation with a $46 million penalty for colluding with a competitor on prices for wire harnesses supplied to Toyota, handing a win to the ACCC which argued the original $9.5 million penalty handed down did not reflect the seriousness of the conduct.
Apple can’t use outside lawyer to defend case before FWC
Please login to bookmark Close
Apple has lost its bid to be represented by an outside lawyer in an unfair dismissal dispute, with the Fair Work Commission saying Monday the case was not inherently complex and the company’s inhouse legal counsel had time to bone up employment litigation.
Roche asks court to stop launch of Novartis’ MabThera biosimilar
Please login to bookmark Close
Drug giant F. Hoffman-La Roche asked the Federal Court Tuesday for an order barring the release of a generic version of its blockbuster cancer drug MabThera by a unit of Swiss rival Novartis, which it claims could lead to “tens of millions of dollars” in losses.
Law firm rivals in bidding war to woo AMP shareholders
Please login to bookmark Close
A bidding war erupted Tuesday among law firms angling to lead a $2 billion shareholder class action against AMP, with Maurice Blackburn announcing a “super deal” and Quinn Emanuel besting that with a funding arrangement to “shake up” the market.
Judge takes scalpel to Commonwealth Bank class action
Please login to bookmark Close
The judge overseeing a Maurice Blackburn-led shareholder class action against Commonwealth Bank of Australia over allegedly lax anti-money laundering and anti-terrorism financing controls has struck out a portion of the statement of claim for “pleading deficiencies”.
Judge must decide whether Fairfax article is about Harry Triguboff
Please login to bookmark Close
A judge overseeing a defamation case brought by billionaire Meriton founder Harry Triguboff against Fairfax Media must decide whether an article about the property company that appeared in the Australian Financial Review can be reasonably said to be about Triguboff.
SNF renews challenge to BASF patent
Please login to bookmark Close
SNF has filed an appeal with the Federal Court after the Australian Patent Office shot down its challenge to a mining patent application by rival BASF.
Fraud case against Shane Heal dropped after star witness no-show
Please login to bookmark Close
The fraud case against Australian basketball great Shane Heal has been withdrawn after prosecutors’ could not get their US-based star witness to testify in time.