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MIS regime poses ‘real risk’ to consolidating Freedom Foods class actions, court told
Recent changes to the law requiring funded class actions to be registered as managed investment schemes have complicated the question of how best to resolve the multiplicity issue in two class actions brought against Freedom Foods and Deloitte.
Judge’s patience for ‘flipping and flopping’ prosecutors in ANZ cartel case wearing thin
A judge has questioned whether he should allow prosecutors to amend charges against ANZ and its treasurer in a criminal cartel case over a $2.5 billion share placement after the bank argued the charges were defective and should be quashed.
Concrete company knew of prior Opal Tower failure, class action cross-claim alleges
Prefab concrete company Evolution Precast Systems failed to install reinforced concrete in Sydney's ill-fated Opal Tower and knew about a prior failure with one of the building's panels, engineer WSP Structures alleges in a cross-claim lobbed in a class action on behalf of residents of the tower.
Katy Perry wants to withdraw ‘wrong’ admission in trade mark spat with designer
US singer Katy Perry is seeking to withdraw an admission that licensing her trade mark to Target and Myer constituted use, saying it was plainly “wrong” after the Full Federal Court held an owner who authorised use of a mark was not liable for direct infringement.
NSW Police launch investigation into Forum Finance
The NSW Police have commenced an investigation into Forum Finance and director Bill Papas, which have been accused by Westpac, French investment bank Societe Generale and Japanese bank SMBC of a $400 million fraud.
Hancock Prospecting loses bid for expanded trial in Rinehart family feud
Gina Rinehart's Hancock Prospecting has failed to persuade a court to hold an expanded separate trial on the alleged wrongdoing of the mining magnate in a spat over the Hope Downs iron ore mine, with a judge finding the proposal could extend the already ten-year legal battle.
Lawsuit settled over Tradie’s ‘Aussiest undies ever’ claim
Men's briefs manufacturer Tradie has resolved a case brought by a rival alleging it misled consumers by claiming its underpants were the 'Aussiest undies ever'.
Next wave of COVID-19 litigation expected ‘sooner rather than later’
As states across Australia grapple with lockdowns and rising COVID-19 cases, lawyers practising in a range of areas, from employment to insurance, are bracing for a fresh wave of pandemic-related litigation before the year is out.
Ex-Deutsche Bank exec looks to knock out cartel charges
A former Deutsche Bank executive named in a criminal cartel case over a $2.5 billion ANZ share placement says the charges against him are defective and should be quashed.
PwC settles Zilzie Wines lawsuit over unsolicited R&D tax advice
A settlement has been reached in a Murray Darling wine making family's lawsuit accusing PricewaterhouseCoopers of providing bad unsolicited tax advice that caused them more than $200,000 in losses.