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Court OKs $23M settlement in Wellard class action despite funder’s ‘lionā€™s share’
Class Actions 2024-03-28 4:28 pm By Cindy Cameronne

A judge has approved a settlement in a shareholder class action against livestock exporter Wellard that grants a 34 per cent cut for group members, […]

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ASIC wins greenwashing case against Vanguard over $1B fund
Securities 2024-03-28 4:15 pm By Cindy Cameronne

The Australian Securities and Investments Commission has won its first civil penalty proceeding in a greenwashing case, with a court finding against Vanguard Investments over its $1 billion ā€œethically consciousā€ hedge fund.

27.5% the ‘standard benchmark’ for GCOs in earnings guidance class actions, court told
Construction 2024-03-28 4:39 pm By Cindy Cameronne

A law firm running a shareholder class action against building materials giant James Hardie Industries has argued for a 27.5 per cent group costs order, saying it was the ā€œstandard benchmarkā€ for earnings guidance cases.Ā 

Hotel quarantine class action can’t proof witnesses ahead of criminal trial
Class Actions 2024-03-27 9:06 pm By Sam Matthews

The state of Victoria has won its bid to prevent lawyers for a class action over Victoria’s COVID-19 hotel quarantine debacle from proofing lay witnesses, ahead of a criminal trial against the Department of Health, which is due to start in May.

Hungry Jackā€™s wants 5 years of Big Mac sales data in spat over damages for misleading ads
Intellectual Property 2024-03-27 12:33 pm By Sam Matthews

Hungry Jackā€™s is seeking five years of Big Mac sales data as it readies for a fight over damages stemming from its claim that its Big Jack burger has 25 per cent more beef than the McDonald’s burger.

Liberty Groupā€™s ā€˜trust siloā€™ not used to avoid tax on $98M, appeals court finds
Tax 2024-03-27 10:28 pm By Cindy Cameronne

In a loss for the Australian Taxation Office, an appeals court has found that the Liberty Groupā€™s use of corporate and trust ā€˜silosā€™ was not an unlawful tax avoidance scheme.

Aussie Skips appeals cartel judgment socking it with $3.5M fine
Competition & Consumer Protection 2024-03-27 3:15 pm By Christine Caulfield

Aussie Skips is fighting a court’s ruling that imposed a $3.5 million penalty against the waste company and sentenced its boss to an 18-month intensive corrections order, in a criminal cartel case that also implicated Bingo Industries.

All eyes on lawyersā€™ 27.5% cut as court prepares to weigh first GCO class action settlement
Analysis 2024-03-26 11:54 pm By Cat Fredenburgh

When the Supreme Court of Victoria considers for the first time a settlement reached in a class action run on a contingency fee basis, it […]

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‘Such a serious departure’: Lawyer struck from roll for failing to pay barristers
Legal Ethics 2024-03-26 11:50 pm By Sam Matthews

A court has struck the name of an Adelaide solicitor from the roll for failing to pay six barristers and misappropriating trust funds, finding the […]

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Epic Games case against Google ‘more ambitious’ than claims against Apple, court told
Trials 2024-03-26 10:43 pm By Cindy Cameronne

Epic Games’ case alleging Google ran its Play Store anti-competitively is “significantly more ambitious” than the Fortnite game maker’s claims against Apple, according to the […]

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