A judge has signed off on a $19.25 million settlement in a shareholder class action brought against directors of defunct laser technology company Arasor International Ltd and partners in auditing firm Grant Thornton South Australia, but cut the legal fees of Squire Patton Boggs and Piper Alderman by $250,000.
Consumer goods maker Pental Ltd will pay $700,000 in penalties after admitting it misled customers about its ‘flushable’ White King toilet and bathroom cleaner wipes.
The first stage of the Australian trial alleging Volkswagen installed dual-mode software in diesel vehicles to cheat on emissions tests will wrap up Monday, when class action lawyers deliver a final rebuttal and closing arguments.
Viterra Malt has come up short in a second bid to access communications between Cargill Australia and its lawyers, in a case alleging fraudulent concealment by Viterra in its $420 million sale of malt producer Joe White Maltings to Cargill Australia in 2013.
Melbourne-based Collins St Brewing has sued rival artisanal brewer La Sirene for allegedly violating its “urban ale” trade mark.
Volkswagen lost its bid Tuesday to exclude evidence from its own expert witness it claims has gone off script, an early blow to the car maker in the massive trial alleging it installed dual-mode software in diesel vehicles to cheat on emissions tests.
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 has called for a referee to look at Maurice Blackburn’s fees for running a shareholder class action against QBE Insurance that settled late last year for $133 million.
The judge who sided with Medibank in the ACCC’s failed case last year paid little attention to one of the consumer regulator’s central arguments against the private health insurer, a court heard Monday.
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.