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A settlement has been reached in a class action against KPMG alleging it providing a misleading expert report to copper miner Discovery Metals that was used to reject a $830 million hostile takeover bid.
Container stevedore companies DP World Australia, Hutchison Ports Australia and Victoria International Container Terminal have agreed to change their standard form contracts with land transporters after the ACCC raised concerns that some terms of the agreements may violate the Australian Consumer Law.
Judgment is expected next week in the closely watched defamation suit brought by actor Geoffrey Rush against Nationwide News, with the ruling expected to generate considerable attention amid a spate of recent high-dollar awards in defamation cases and as the country embarks on an ambitious overhaul of its defamation laws.
The Full Court has denied a bid by Deep Investments to vary orders dismissing its case against a solicitor and six others over $10 million in alleged share trading losses, saying this would amount to allowing the investment adviser to bring a different claim.
GetSwift shareholders Clutterbuck Capital Management and KPT Capital have opted out of a class action against the logistics services provider, blasting the "inappropriate and questionable" actions by some involved in the class action proceedings.
European solar panel maker REC has struck back at a patent lawsuit filed by solar giant Hanwha QCELLS, saying it will petition the court to invalidate Hanwha's patent for its passivation technology.
A Federal Court judge has questioned whether appeals from IP Australia should be allowed to proceed as hearings anew and not confined to the issues already run before the agency, in a ruling spanning 1,784 paragraphs that dismisses a challenge by chemical manufacturer SNF to a delegate's decisions granting two mining patents to rival BASF.
A judge has found a Queensland law firm's costs agreement void because it did not provide enough information about the firm's uplift fee.
Majority shareholders in MWL Financial have filed a derivative suit against US-based Focus Financial Partners over a soured acquisition.