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For two and a half years, law firm Baker McKenzie represented a client in class action litigation over allegedly defective pelvic mesh products that did not exist, a court has heard.
$27M settlement rejected in pelvic mesh class action, group members may learn
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The rejection of a $27 million settlement offer in a class action over American Medical Systems’ pelvic mesh products may be included in a proposed opt out notice, with a judge mulling whether to inform group members about a little used law which allows one lead applicant to take over from another.
Herbert Smith Freehills advice to Horizon Oil protected by privilege, judge rules
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Horizon Oil has won its bid to shield Herbert Smith Freehills documents advising the company did not breach foreign bribery laws from being revealed in a defamation lawsuit brought against Fairfax Media by a Papua New Guinea government Minister.
Individuals who blow the whistle on misconduct to get immunity under new ASIC policy
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Legal experts say a new policy unveiled by ASIC allowing individuals involved in serious violations of the Corporations Act to seek immunity in exchange for blowing the whistle on their co-conspirators will go a long way towards helping the regulator uncover “hidden and secretive” misconduct.
Facebook ‘pleased’ to restore Australian news pages after tweaks to media code
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Social media giant Facebook has announced it will soon reverse its ban on news pages in Australia after discussions with the Morrison government resulted in changes to the mandatory arbitration requirements found in the proposed Australian media bargaining code.
a2 Milk trade mark disputes with Lion Dairy near settlement, court told
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Two high stakes lawsuits brought by a2 Milk Company against rival dairy producers over the use of a2 as a trade mark are “very likely” to reach resolution next week, a court has heard.
Freedom Foods, Deloitte hit with second class action over $590M writedown
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Food and beverage manufacturer Freedom Foods and accounting giant Deloitte have been hit with a second class action by irate investors seeking compensation for “accounting errors” that led to a $590 million write-down in November last year.
Allianz hit with criminal charges over travel insurance statements
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Insurer Allianz and its distributor AWP have fronted court facing charges that they made false and misleading statements about their travel insurance products.
Former Leighton exec faces new foreign bribery charge
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A former director of a Leighton Holdings subsidiary has been hit with a third foreign bribery charge after a six-year AFP investigation found bribes were paid to Tanzanian public officials to secure a mooring replacement contract worth $US66.48 million.
Murray Goulburn insurer says it shouldn’t be on the hook for class action settlement
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Murray Goulburn insurer AIG Australia says it should not have to pay 20 per cent of a $42 million class action settlement reached by the dairy cooperative, arguing on Tuesday that the class action claims failed to satisfy the definition of a “securities claim” in its insurance policy.