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Closely watched criminal cartel case against banks gets underway
Competition & Consumer Protection 2018-10-08 12:14 pm By Cat Fredenburgh

The stakes will be high for both sides when some of the country’s top competition lawyers face off against the ACCC Tuesday in the first hearing in a closely watched criminal cartel case against three investment banks over a $2.5 billion ANZ institutional share placement.

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UGL class action funder to earn up to 30% commission
Class Actions 2018-10-05 2:09 pm By Christine Caulfield

The litigation funder backing a class action against engineering company UGL over disclosures related to the ballooning costs of its Ichthys power project could pocket up to 30 percent of any settlement or judgment, according to a court order.

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Macmahon pays $6.7M to settle shareholder class action
Class Actions 2018-10-04 4:28 pm By Cat Fredenburgh

Macmahon Holdings has agreed to pay $6.7 million to settle a shareholder class action alleging the mining company failed to provide adequate disclosures about the impact delays on a project for Rio Tinto in the Pilbara would have on its profitability.

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Hytera asks to keep China’s state secrets from Motorola in IP war
Intellectual Property 2018-10-04 12:56 pm By Christine Caulfield

Hytera Communications wants the Federal Court to block Motorola from accessing evidence in their patent war covered by Chinese laws prohibiting disclosure of state secrets or compromising the country’s cybersecurity.

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Law firms won’t challenge AMP class action ruling
Class Actions 2018-09-26 1:11 pm By Christine Caulfield

A landmark ruling that transferred four competing federal class actions against AMP to state court will stand, with the law firms behind the cases opting out of a fight in the High Court.

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Herbert Smith Freehills wins costs against United for ‘meritless’ IPO case
Securities 2018-09-25 9:18 pm By Christine Caulfield

Herbert Smith Freehills has won a ruling that puts United Petroleum on the hook for the costs — on an indemnity basis — of the law firm’s defence against a case that was, according to a judge Tuesday, “devoid of merit”.

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Competing Murray Goulburn class actions look set to co-exist
Class Actions 2018-09-21 2:25 pm By Christine Caulfield

The judge presiding over two shareholder class actions against Murray Goulburn indicated Friday he would likely let both cases proceed jointly to a trial in 2020.

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BMW says court can’t make funding order in Takata class actions
Class Actions 2018-09-19 8:40 pm By Miklos Bolza

BMW Australia plans to challenge the NSW Supreme Court’s power to create a common fund order spanning six class actions brought against major players in the automotive industry over defective and dangerous Takata air bags.

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Hytera must tell Motorola which docs blocked by Chinese cybersecurity laws
Intellectual Property 2018-09-18 2:46 pm By Cat Fredenburgh

Hytera Communications has until Thursday to reveal what evidence has been or will be withheld from Motorola in their intellectually property battle in compliance with strict Chinese state security and cybersecurity laws.

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Native title challenge to Adani’s Carmichael mine not over
Appeals 2018-09-13 1:20 pm By Christine Caulfield

A native title challenge to Adani Mining’s controversial $16 billion development of the Carmichael coal mine in Queensland has been revived, with a group of Indigenous Australians appealing a ruling that tossed their case.

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