The two criminal cartel cases brought by the ACCC in the past three months are just the beginning, lawyers say, with three or four more criminal matters expected to be brought by the end of the year.
A $3 million settlement in the shareholder class action against the directors of failed mining company Kagara has been approved, with a Federal Court judge saying the amount is fair and reasonable despite two-thirds of it going to the lawyers and funder that brought the case.
H.J. Heinz Company has been fined $2.25 million for marketing sugary snacks to kids as healthy, a fraction of the $10 million penalty sought by the ACCC.
The Commonwealth Bank of Australia is seeking to strike out portions of a shareholder class action over allegedly lax anti-money laundering and anti-terrorism financing controls it calls a “vague penumbra” that leaves the bank in the dark about the case against it.
The Full Federal Court has shot down Reckitt Benckiser’s appeal of a ruling that it misled consumers with claims that its Nurofen is a more effective pain killer than rival GlaxoSmithKline’s Panadol.
The Full Federal Court has handed Johnson & Johnson unit Ethicon a victory in the class action over its allegedly defective vaginal mesh devices, partly reversing a judge’s decision that expanded the class post-trial.
Supermarket giant Woolworths has been hit with union action to scrap its enterprise bargaining agreement and put it on the hook for $1 billion in unpaid wages.
Companies breaching the Australian Consumer Law will be hit with higher fines after the Federal Parliament on Thursday passed a bill that aligns the maximum penalties with fines for competition law violations.
The Public Trustee of Queensland asked a court Wednesday for indemnity costs from a global litigation funder its says was the “real moving force” behind a dismissed investor class action it called a “nakedly speculative venture”.
The bitter dispute between Gina Rinehart and two of her children over billions of dollars in iron ore mining assets may come down to how the High Court interprets a single word in an arbitration clause of agreements signed by the warring family members.