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Swiss food and drink giant Nestle has resolved a lawsuit by a2 Milk over a trade mark for infant formula, agreeing to withdraw an application with IP Australia to register the mark, NAN A2.
A judge's decision to chop $810,000 from the funder's cut of a settled class action against Westpac sounds a warning to class action litigators that when it comes to determining the size of a commission, case budgets matter.
Electronics retailer JB Hi-Fi has been hit with a landmark class action alleging it sold worthless extended warranties to customers for over a decade.
ANZ's failure to disclose a bailout by banks underwriting a $2.5 billion share placement has resulted in a penalty of less than $1 million, ending an eight-year saga that included an aborted criminal trial.
After losing its argument that class actions are excluded under the Fair Work Act, the union representing fast food workers has filed a class action of its own, alleging McDonald's denied shift managers compensation for pre- and post-shift work.
Former Dick Smith CFO Michael Potts is on the hook for paying $57 million in damages to National Australia Bank after the High Court on Wednesday revoked its grant of special leave, finding he did not raise a legal question of public importance.
Insurance Australia Group has announced the departure of its group general counsel and company secretary, Peter Horton, for engaging in behaviour it said had "fallen short" of expectations.
The date has been set for a hearing in the second case to test the argument that judges lack power to make a common fund order when a class action settles, and the litigation funder challenging the argument can expect a sympathetic ear.
A former Gilbert + Tobin lawyer with over 20 years' experience advising clients in finance transactions has joined Squire Patton Boggs' as a partner in Sydney.
Gilbert + Tobin has lured partner Orla McCoy from Clayton Utz to co-head the law firm's leading restructuring and insolvency team, strengthening the practice to over 18 core lawyers.