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Nuix had information in January 2021 which undermined the growth story presented to the market in the prospectus for its IPO, a court has heard on the first day of ASIC’s case against the tech company and a handful of former directors.
The High Court has agreed to weigh in on how damages for reduction in value should be calculated under the Australian Consumer Law, granted competing special leave applications in a class action against Toyota over defective diesel filters.
Gilbert + Tobin and the funder backing a class action against Jaguar Land Rover over allegedly defective diesel filters have given an undertaking that they won't seek more than 25 per cent of any settlement or judgment, sealing the deal to run the case after triumphing in a carriage contest.
A $29.95 million settlement resolving a superannuation class action against two Westpac units has won court approval. The judge overseeing the case has also indicated he will OK the litigation funder's commission but only some of its after-the-event insurance premium.
Glencore-owned Viterra has failed in its bid for High Court leave to challenge a ruling in a 10-year battle with Cargill over the 2013 sale of malt producer Joe White, leaving the grain producer to fork over damages of almost $300 million.
Maurice Blackburn looks set to appeal a decision booting its class action against Jaguar Land Rover in favour of a case by a rival law firm whose experience in a similar class action was the deciding factor in a carriage contest.
The judge hearing a bondholders class action against Virgin Australia has deferred the resolution of the airline's cross-claim seeking seeking periodic payments from the class action to cover its costs under a contentious indemnity clause.
Monsanto can't throw out the evidence of an expert for the plaintiff in a class action over its Roundup product who has testified that the company engaged in criminal conduct in trying to bury scientific reports on the popular weed killer's alleged cancer-causing properties.
Vittoria's Cantarella Bros has lost its long-running trade mark stoush with Italian rival Lavazza after a judge found the coffee manufacturer’s two registered ‘Oro’ marks should be cancelled because the word was previously used by another coffee supplier.
A judge has dismissed a lawsuit brought over a development in Melbourne’s north, citing “inordinate and inexcusable delay” on behalf of the collapsed developer and its builder, which replaced its solicitors seven times.