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Zoetis’ takeover bid for Jurox raises competition concerns
The Australian Competition and Consumer Commission has raised concerns about a proposed takeover of NSW-based pet drug maker Jurox by US animal health giant Zoetis.
High Court says class action shareholders can quiz directors of failed companies
In a boost to securities class actions, the High Court has ruled that directors of collapsed companies can be subjected to public examination by shareholders wanting to bring civil proceedings.
‘Postbox’ solicitor in Banksia class action wins reprieve from DQ decision
A lawyer whose conduct in the Banksia Securites class action was said to have left a stain on the integrity of the legal profession has secured a temporary stay of a decision by Victoria's legal watchdog to disqualify him from practicing law for four years.
Class action funder says perceived 7-Eleven ‘pressure’ relevant to $25M commission bid
Evidence of anxiety felt by 7-Eleven franchisees leading class actions against the convenience store giant was relevant to whether the funder could earn a $25 million commission from the proceeds of a settlement, a court has heard.
Booktopia denies ‘systematically’ refusing refunds after 2 days
Online book retailer Booktopia has admitted it scrapped a term requiring two days' notice of damaged or incorrect books, but rejects claims by the ACCC that the policy resulted in a systematic refusal to refund customers.
GetSwift class action settlement at risk as financial position in doubt
A settlement agreement in a shareholder class action against GetSwift may be scrapped as the applicant seeks more information as to whether the logistics company is solvent or about to go under.
Class action waiver in Ruby Princess cruise T&Cs not unfair, court told
A class action waiver in the terms and conditions of tickets purchased by US passengers embarking on the fateful Ruby Princess cruise at the height of the first COVID-19 wave was neither unfair nor onerous, an appeals court has heard.
MinterEllison lures infrastructure partner from Reed Smith
MinterEllison has appointed former Reed Smith partner Simon Harvey to join its infrastructure, construction and property practice.
High Court to decide if class action shareholders can publicly grill directors
A case before the High Court could have major implications for company directors, giving shareholders in class actions the power to drag them before court for public examination.
Trial vacated in Monsanto class action over Roundup weed killer
An upcoming three-month trial in a class action against agrochemical giant Monsanto has been vacated after the applicant's key expert withdrew from the case.