Litigation funder LCM said Monday it had agreed to finance a $100 million class action on behalf of fishing operators and seafood suppliers who claim they lost their livelihoods after dredging at Gladstone Port in southern Queensland.
Canadian dairy giant Saputo said Monday it is considering selling a milk plant in Victoria to smooth regulatory approval of its proposed $1.3 billion deal to buy Murray Goulburn.
Lawyers running a class action against Murray Goulburn want access to evidence that the dairy cooperative’s trust consulted with a QC about possible claims against its law firm, Herbert Smith Freehills.
A judge in the Supreme Court of Victoria hearing a case brought by Cargill Australia alleging fraudulent concealment in the $420 million sale of malt producer Joe White Maltings by Viterra Malt Pty Ltd won’t loosen the reins on lawyers who have spent “millions of dollars” on discovery.
A Federal Court judge has ruled the lead applicant in a Maurice Blackburn-led class action by Indonesian farmers against PTTEP Australasia must foot its opponent’s legal bill, despite winning its bid to bring the case outside the limitations period.
A federal court judge has found that a bovine gene patent held by Cargill Inc. is invalid, but said the American agriculture giant could beef up the patent claims in response to his ruling.