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ASIC's warning about the futility of mediation with an IOOF subsidiary has proved prophetic, with talks last week failing to resolve the regulator's case ahead of trial starting Monday.
A judge has rejected Fonterra's bid to restrain Bega from using the Bega trade mark on packaging for peanut butter and nut products as well as Bega's counterclaim alleging Fonterra failed to invest, promote and develop new Bega products in breach of their trade mark agreement.
Law firm Maurice Blackburn has successfully defended a consumer law and intellectual property lawsuit brought over its use of a replica of the famous Fearless Girl statue by US financial services giant State Street Global Advisors.
Forty-four charges have been outlined in a long-awaited indictment in a criminal cartel case over a $2.5 billion ANZ share placement, including 29 charges against top executives from ANZ, Deutsche Bank and Citigroup.
South Korean car maker Hyundai is facing a possible class action after it recalled over 90,000 cars earlier this month over safety concerns.
The directors of steel giant Arrium, which collapsed owing $4 billion in debts, should have known earlier that the company was in a "liquidity crisis" and was trading while insolvent, liquidators for the company allege.
A judge has ordered ASIC to enter mediation before heading into a "very expensive" trial with an IOOF subsidiary accused of giving shonky advice, over objections from the regulator that mediation would be "completely futile".
Lawyerly's Litigation Firms of 2020 delivered significant victories for clients last year in bet-the-company matters, thriving in a tumultuous year that saw courts and litigants adapt to virtual trials and other new norms that are sure to outlast the COVID-19 pandemic.
While a Federal Court judge recently promised to advance a long-running criminal cartel case against several investment banks and individuals over a $2.5 billion ANZ share placement, a separate judge will soon hear a privilege dispute over documents from whistleblower JPMorgan that promises to further delay the case.
A judge has rebuked the "procedural vulgarities" plaguing a referee's supplementary report in a class action against Toyota over allegedly defective vehicles and has called for the process to be simplified.