Drawn in by economic incentives, more defence law firms are getting in on the class actions action, but playing both sides may have its drawbacks.
JPMorgan is fighting to keep details of failed settlement talks with ASIC under wraps in criminal cartel proceedings over a $2.5 billion ANZ share placement, as ANZ seeks to uncover whether the corporate regulator made a deal with the investment bank ahead of the cartel case being filed.
Two class actions over Victoria’s botched handling of the COVID-19 hotel quarantine program alleged to be responsible for the state’s second pandemic wave plead a novel duty of care that doesn’t exist, a court has heard.
Billionaire Clive Palmer has lost his attempt to shut down a breach of contract case over the $5.8 billion Sino Iron project brought by the Hong Kong-based mining conglomerate CITIC, the latest front in the “theatres of conflict” between the warring parties.
Lawyerly is pleased to announce the winners of its inaugural Litigation Rising Stars competition, which honours 30 lawyers under the age of 40 for their work in high-stakes litigation.
A judge has issued a temporary injunction barring a former manager from non-bank lender Liberty Financial from moving over to a unit of the Wingate Group, after hearing the company was “start-up facsimile” of Liberty which aimed to become a competitor in the future.
Arnott’s and Campbells have settled a lawsuit brought by Goodman Fielder accusing them of infringing its ‘Plantry’ mark under which it sells plant-based frozen meals, after the cookie company filed a cross-claim seeking to have the mark cancelled.
A judge has pressed a barrister on why he’s representing a former manager from non-bank lender Liberty Financial in proceedings seeking to bar him from jumping ship to startup ORDE Financial in addition to representing ORDE and its parent company, calling it an “unusual” arrangement.
Global resources giant BHP Group has asked the Full Court to rule foreign investors should be excluded from a shareholder class action over the 2015 Fundao dam disaster, arguing the class action regime only applies to those in Australia.
Several banks and executives facing criminal cartel charges over a $2.5 billion ANZ share placement have won access to interview notes taken by whistleblower JP Morgan prior to it being granted immunity, which the banks say will prove inconsistencies in the prosecution’s case.