Agricultural fund manager Rural Funds Group has briefed a top-tier law firm to bring âunprecedentedâ legal action against US company Bonitas Research, after the activist short seller accused the group of fraud and sent its share price plummeting.
WorleyParsons may seek to shut down a shareholder class action against it due to an “insuperable obstacle” caused by last minute pleading amendments, the engineering firm told a court at the outset of a 21-day hearing.
The Transport Workers Union has described the Deliveroo business model as âthe biggest sham in the modern economyâ, as it launched a new sham contracting case against the food delivery service on the back of its victory against Foodora last year.
CFMEU state boss John Setka has lost his court challenge to a vote to expel him from the Australian Labor Party, with the Victorian Supreme Court ruling it did not have the jurisdiction to rule on the case.
Two units of US pharmaceutical giant Pfizer have filed a lawsuit seeking damages from Juno Pharmaceuticals for allegedly infringing the patent for post-operative pain drug Dynastat.
The Queensland Supreme Court judge has refused to transfer proceedings by villa owners against Clive Palmer’s abandoned Sunshine Coast resort to the Federal Court, but has also rejected a separate bid by Palmer to shut down the case, which has been dormant for six years.
3A Composites has slammed the pleadings in a class action against it over allegedly combustible cladding, questioning whether the stated common issues are actually common to all group members.
The lead applicant in a class action over the Carwoola bushfire has been given the greenlight to go after CGU Insurance for loss and damage caused by the 2017 fire, which was allegedly sparked by the now insolvent Advanced Plumbing and Drains.
A former senior manager of Plutus Payroll played a “high level” role in a complex scheme that defrauded the Australian Taxation Office to the tune of $105 million, a court has heard, in a case involving one of the biggest revenue losses ever prosecuted.
The barrister leading an appeal seeking to revive Quinn Emanuel’s fees for no service class action against AMP has criticised the approach taken in the landmark GetSwift ruling on competing class actions, saying it placed the court in the role of auctioneer and actually encouraged duplicative proceedings.