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Nationwide can bring justification defence in Geoffrey Rush defamation case
Defamation 2018-08-10 2:24 pm By Christine Caulfield

The publisher of The Daily Telegraph has won its bid to bring a defence of justification against claims by actor Geoffrey Rush that the newspaper defamed him in articles alleging the actor behaved “inappropriately” during a production of King Lear at the Sydney Theatre Company.

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Cargill can add details of law firm meeting to case against Viterra
Trials 2018-08-09 11:42 pm By Cat Fredenburgh

Cargill has won court approval to amend its pleading against Viterra to include details of a law firm meeting in which Viterra executives allegedly made assurances that there were no quality issues with its malt, more than two months into the trial over the $420 million sale of Viterra’s Joe White Maltings business to Cargill in 2013.

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Radio Rentals may have ducked credit obligations with ‘strange’ contracts, court told
Class Actions 2018-08-09 9:35 pm By Miklos Bolza

A barrister for a class action against Radio Rentals has told the Federal Court the company’s “strange” lease contracts may have been worded solely to avoid its obligations under the Uniform Consumer Credit Code.

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S&P settlement approved despite ‘extraordinarily large’ funder fee
Class Actions 2018-08-09 9:34 pm By Miklos Bolza

A judge has given the green light to a settlement of seven class actions against ratings agency S&P Global over toxic financial products, saying despite an “extraordinarily large” litigation funding fee the deal was a “significant vindication” of group member claims.

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BHP pays $50M to settle US class actions over Samarco mine
Class Actions 2018-08-09 3:49 pm By Christine Caulfield

Mining giant BHP Billiton has reached a $50 million deal to settle the US class action over the 2015 dam failure at the Samarco mine in Brazil.

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Crown sues NSW government to protect Sydney harbour views
Real Estate 2018-08-09 2:57 pm By Christine Caulfield

Crown Resorts is taking the NSW government to court over development at central Barangaroo that threatens to block its views of Sydney Harbour Bridge and the Opera House.

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Iluka Resources says shareholders didn’t read the fine print
Class Actions 2018-08-09 11:25 am By Cat Fredenburgh

Iluka Resources has shot back at claims in a shareholder class action that it made misleading statements about projected sales volumes, saying the statements were accompanied by extensive disclaimers about its ability to predict future sales.

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Fitch class action can probe rosy ratings of Sigma Finance
Class Actions 2018-08-08 10:50 pm By Miklos Bolza

The lead applicant in an investor class action against Fitch Ratings will get its hands on internal reports detailing why the agency assigned a Triple A rating to Sigma Finance Corporation ahead of its 2008 collapse, and whether it could have predicted the fall of the $27 billion investment fund. 

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Battle of the experts continues in Queensland flood class actions
Class Actions 2018-08-08 10:26 pm By Cat Fredenburgh

In a case that hinges on the evidence of expert witnesses, the judge overseeing the class action over the 2011 Queensland floods has partly upheld an objection to a revised report by the state of Queensland’s expert regarding an error in the flood-modelling by the plaintiff’s expert witness.

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Penfolds maker goes to court over ‘wine in a can’ patents
Intellectual Property 2018-08-08 9:04 pm By Miklos Bolza

Treasury Wine Estates has gone on the offensive in an intellectual property dispute with Melbourne-based “wine in a can” maker Barokes, launching court proceedings alleging the company’s patents are invalid and claiming it made “unjustified threats” against the Penfolds maker.

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