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Jury finds Country Care not guilty in first criminal cartel case against Australian biz
Trials 2021-06-02 3:00 pm By Christine Caulfield

The ACCC has suffered a stinging defeat in its criminal cartel action against mobility equipment provider Country Care, its CEO and a former employee, with a jury handing down not guilty verdicts on all eight charges in the case.

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Freedom Foods loses second bid to have $20M Blue Diamond feud heard in Australia
Arbitration 2021-05-28 11:02 pm By Christine Caulfield

Freedom Foods’ dispute with Blue Diamond Growers over an almond licensing deal will be heard by an arbitrator in California after an appeals court rejected the company’s plea for an Australian judge to determine the case.

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Worrells partner wins costs from ASIC for incoherent pleading
Restructuring & Insolvency 2021-05-14 3:22 pm By Cat Fredenburgh

A Worrells liquidator facing ASIC proceedings seeking to have his registration cancelled has won costs from the regulator after a judge found he was entitled to a “coherent pleading” and ordered the regulator to file a statement of claim.

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$1.3M awarded to Queensland floods class action sample group members
Class Actions 2021-05-07 5:01 pm By Cindy Cameronne

A judge has awarded four sample group members in the Queensland floods class action $1.28 million in compensation, finding that charitable payments did not affect the amount of interest payable on the damages they are owed.

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Blue Diamond loses ‘unjustified’ bid for security for costs against Freedom Foods
Competition & Consumer Protection 2021-05-07 12:12 pm By Cindy Cameronne

A judge has refused an application by US almond supplier Blue Diamond for over $200,000 in security for costs in proceedings over a disputed licensing deal with Freedom Foods, saying it should have been evident that the bid was “unjustified”.

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BlueScope questions ‘roving inquiry’ by ACCC in cartel case
Competition & Consumer Protection 2021-05-06 10:11 am By Cindy Cameronne

BlueScope Steel has raised concerns over the ACCC’s subpoenas to produce documents in its civil penalty proceedings against the steel company, saying it may significantly broaden the regulator’s claims about which businesses are its competitors.

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Settlement reached in lawsuit against Arrium directors
Restructuring & Insolvency 2021-05-05 5:26 pm By Cat Fredenburgh

A mid-trial settlement has been reached in a lawsuit brought by the liquidators of collapsed steel giant Arrium against 10 former company directors and officers for allegedly engaging in insolvent trading.

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TasPorts agrees it misused market power, but won’t pay penalty in ACCC case
Competition & Consumer Protection 2021-05-05 1:39 pm By Christine Caulfield

The ACCC has secured a misuse of market power declaration against Tasmanian government-owned TasPorts in the regulator’s first action under amended competition laws, but the ports company will not pay a penalty as part of an agreement to resolve the case.

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Judge rejects 7-Eleven’s ‘risky’ bid for pre-trial ruling on objections to evidence
Class Actions 2021-05-03 9:37 pm By Miklos Bolza

A judge has shot down what he called a “risky” but novel proposal by 7-Eleven for a pre-trial ruling on sample objections to the relevance of evidence in two franchise class actions.

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Ashurst picks up DLA Piper partner for real estate practice
People In The News 2021-05-03 5:25 pm By Cindy Cameronne

Ashurst has snagged a leading property investment and development lawyer who advised on $1.5 billion in projects in the Melbourne Docklands from rival DLA Piper to join its projects and real estate team.

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