Food and Beverage

A fight over a global privilege claim by Noumi has been foreshadowed in a consolidated shareholder class action against the food company, formerly Freedom Foods.

In the latest round of finger-pointing in a consolidated shareholder class action against Noumi, formerly Freedom Foods, the food company has taken aim at Deloitte’s claims that it gave the accounting firm misleading information.

Jan Cameron, founder of Kathmandu and former director of baby food company Bellamy’s, has abandoned her lawsuit alleging a Caribbean Islands-based trust didn’t owe capital gains tax on the 2018 sale of 2.5 million Bellamy’s shares.

A judge has hit pause on the ATO’s application for summary judgment in proceedings launched by ex-Bellamy’s Australia director Jan Cameron seeking declarations that a Carribean-based trust does not owe capital gains tax for selling shares in the baby food maker.

The Scotch Whisky Association has sued an Australian food and drink importer for “flagrant” copyright infringement after it allegedly sold regular whisky with the trade organisation’s ‘scotch whisky’ certification trade mark.

Two law firms are set to work “hand in glove” in their proposed consolidated shareholder class actions against a2 Milk, with one senior barrister to be dropped as part of the “rationalisation” of the combined team.

Former secretary and general counsel for Noumi, formerly known as Freedom Foods, has dropped her unfair dismissal lawsuit after the maker of the popular Vitalife and MilkLab products tossed claims accusing her of serious misconduct. 

A shareholder class action against Treasury Wine Estates has won access to information said to prove there were reduced wine sales in the United States, with a judge finding the wine producer’s redactions of board papers were “not justified”.

Noumi, the company formerly known as Freedom Foods, has dropped defence claims that it was entitled to sack its former secretary and group general counsel for serious misconduct.

a2 Milk is facing a shareholder class action in New Zealand on behalf of investors who allegedly suffered loss when the company’s share price plummeted on the heels of a revised outlook for the 2021 financial year amid challenges in the Chinese market.