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Payments processing company EML is the target of a shareholder class action investigation over its alleged failure to timely alert the market to concerns about its money laundering risk and control systems.
Ben Roberts-Smith sues ex-wife ahead of defamation trial over war crimes allegations
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Accused war criminal Ben Roberts-Smith has brought legal action against his ex-wife, who is set to give evidence for Nine at the upcoming trial in his defamation case against the publisher.
Court urged to reject law firm’s contingency fee bid in ANZ, Westpac class actions
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A Victoria Supreme Court judge weighing for the first time an application by a law firm for a percentage cut of recoveries in class actions has been told to reject the bid because group members would fare better under the firm’s current no win, no fee funding arrangement.
Tyro faces second class action investigation over terminal outage
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Payments provider Tyro is facing two potential class actions over a days-long terminal outage that left many businesses unable to accept payments, the first of which is expected to be filed “imminently”.
Bigger is better for Johnson Winter & Slattery energy superstar George Croft
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When Johnson Winter & Slattery’s George Croft is asked what he loves about working for clients in the energy and resources sectors, the tangible nature of the field with its deep rumbling ore crushers and haulage trains kilometres long really brings out his excitement.
Kraft to pay Bega $9.25M to resolve peanut butter trade dress battle
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Kraft has agreed to pay Bega $9.25 million as part of a settlement resolving a long-running battle over peanut butter trade dress rights, after the US consumer goods giant exhausted all its options for appealing a ruling that found Bega had acquired the rights to the trade dress.
Phoenix Institute files lawsuit accusing directors of duty breaches
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Failed vocational education provider Phoenix Institute has taken three of its former directors to court claiming they breached the Corporations Act in the lead-up to its collapse and should compensate the company.
Court to hear challenge to unions funding class action against UGL
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Engineering giant UGL will file proceedings against two unions seeking to block them from funding an underpayments class action on behalf of casual workers, with a judge noting the Full Court may need to weigh in on whether unions can fund class actions.
Judge warns ‘enough’s enough’ in fight for damages over delayed Abilify generic
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A judge has given Generic Health more time to file its evidence in a multimillion-dollar dispute with drug makers Otsuka and Bristol-Myers Squibbs over the delayed launch of generic versions of their antipsychotic drug Abilify, but warned there had to be a cut-off point for preparing the decade-long dispute for trial.
BHP loses ‘highly problematic’ bid to exclude foreign investors from class action
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Global resources giant BHP Group has lost an appeal in its fight to exclude foreign investors from a shareholder class action over the 2015 Fundao dam disaster, after arguing the class action regime applies only to those in Australia.