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Business litigation firm Quinn Emanuel Urquhart & Sullivan is examining a possible shareholder class action against AMP after the Royal Commission exposed damning revelations concerning the financial giant.
Under fire, Clayton Utz denies AMP report was compromised
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Facing demands for answers and a call to be suspended from government contract work, Clayton Utz has finally spoken out over its role in the scandal embroiling AMP.
Nationwide can’t file claim against Sydney Theatre Co. in Rush defamation case
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A judge has rejected an attempt by Nationwide News to drag the Sydney Theatre Company into a defamation case brought by actor Geoffrey Rush, calling its argument for filing a cross-claim against the theatre company “very weak, if not tenuous”.
Toll lawyer slams ‘rehash’ of landmark employment case
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A Toll freight handler who last year won the right to convert from a casual to full-time job in a precedent-setting ruling has taken the company to court again for not complying with the ruling, but a lawyer for Toll Transport on Friday argued the action was nothing but an attempt to relitigate the earlier case, which saw Toll pay $42,500 in penalties.
Judge halts Kraft-Bega arbitration in US while Aussie case proceeds
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A judge has granted Bega’s request to halt US arbitration proceedings between the Australian food maker and Kraft over peanut butter trade dress rights until a related case in Federal Court is resolved.
Judge apologises before sending ABC defamation case to mediation
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A defamation case against the Australian Broadcasting Corporation by Nauru’s Justice Minister David Adeang that was set down for trial in July has been sent to mediation by a busy Federal Court judge, who said he would not be available to hear the trial for another year.
Malaysia Airlines settles 2 cases over crash
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Malaysia Airlines has reached agreements to end two cases in Australia brought by families of people who died when a Malaysia Airlines plane was shot down by a missile over Ukraine in 2014.
ASIC gets new powers amid shock admissions at Royal Commission
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Banks face increased fines for corporate wrongdoing under reforms that also boost the powers of the watchdog amid stunning admissions by financial services firms at the Banking Royal Commission.
High Court rejects Valve’s bid to challenge $3M ruling
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US-based online gaming giant Valve Corp. has lost its bid to appeal to the High Court of Australia a $3 million judgment for misleading customers who bought faulty products online.
AMP chief quits amid scandal, board hires King & Wood Mallesons
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AMP’s chief executive Craig Meller has resigned after this week’s shocking revelations that the company misled ASIC over fees charged to customers and may have influenced a Clayton Utz report to the securities regulator.