GetSwift has reached an agreement to settle a shareholder class action accusing the logistics company of misleading statements over contracts, avoiding a trial that was set to begin in two months.
The director of the Forum Group companies accused of a $360 million fraud involving at least three major banks can’t return to Australia from Greece because he has COVID-19, his lawyer has told the Federal Court.
Global mine technology company Minetek is considering a lawsuit against a former employee who may have unlawfully used confidential company information, a court has heard.
IP Australia has appealed a ruling granting drug company Ono Pharmaceutical a patent extension for a cancer immunotherapy drug, calling it an “impermissible gloss” on the Patents Act that is at odds with the law’s purpose.
A Federal Court judge has said he will be “quite unimpressed” with 11th hour bids to notify state Attorneys-General of constitutional disputes in a wrongful imprisonment lawsuit against Federal Circuit Court Judge Salvatore Vasta, ordering the parties to act swiftly to let the states intervene in the case.
When trial begins next month in the ACCC’s cartel case against BlueScope Steel, the parties will all appear by video, with a judge saying “hybrid” hearings – where some parties are in court and others appear by video – were “unsatisfactory”.
Trial in the defamation case by war veteran Ben Roberts-Smith against Nine may face additional delays or be transferred out of Sydney after the NSW Government extended the city’s COVID-19 restrictions by two weeks.
ASIC’s case accusing Westpac of insider trading before the $16 billion privatisation of electricity provider Ausgrid should be heard “as quickly as the court can deal with it”, a judge has said.
Japanese bankng giant SMBC has emerged as the latest lender with exposure to an alleged fraud carried out by Sydney-based Forum Finance, with proceedings filed seeking recovery of almost $99 million it says it paid to a unit of Forum Group and controversial director Bill Papas.
Car giant General Motors, which faces a class action by former Holden franchisees, wants to strip the case of class status, arguing that “idiosyncrasies” in group member claims could result in further lawsuits even after a judgment in the case.