The funder and law firm that ran a shareholder class action against Mayne Pharma are seeking deductions that would leave more than half of a $38 million settlement for group members.
Vehicle maker Isuzu can’t shut down an $18 million suit by car alarm company Directed Electronics over a former employee’s alleged theft of trade secrets.
Treasury Wine Estates has agreed to pay $65 million to settle a shareholder class action that was set down for a seven-week trial beginning Monday.
A class action against ANZ over alleged predatory lending practices has settled for $85 million, while two related cases against Westpac and Macquarie are set to go to trial this month.
The applicants in a class action against Lendlease have found common ground with the construction giant in High Court submissions, both arguing for power to make class closure orders.
Applicants in two dismissed class actions against the Commonwealth Bank have secured an order staying an assessment of costs in the failed cases until the outcome of an appeal.
The developer of a Canola seed hybrid tolerant to herbicide has lost a bid for seed grower Nuseed to relabel its products, which are already stocked in 361 retail locations.
Two failed shareholder class actions against the Commonwealth Bank of Australia want to delay paying the bank’s costs until after their 62-ground appeal is heard.
Australian companies may be experiencing cybersecurity fatigue, with in-house counsel reporting they believe it will take a cyberattack to improve their focus on data risk management.
A transaction tax specialist from Allens is the latest partner to join Herbert Smith Freehills’ growing national tax practice.