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Settlement talks can’t be admitted as evidence in Cargill, Viterra trial
Agriculture 2018-09-21 4:00 pm By Cat Fredenburgh

A judge in the high-stakes trial over the $420 million sale of Viterra’s Joe White malt business to Cargill has denied Cargill’s request to have settlement talks admitted as evidence, shooting down the agricultural giant’s argument that the talks were needed to challenge Glencore in-house counsel’s assertion that he is of good character and will not breach a confidentiality agreement.

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Glencore in-house counsel wins Cargill deal docs to mull settlement
Agriculture 2018-09-18 1:27 pm By Cat Fredenburgh Melbourne

In-house counsel at Glencore has been granted access to “highly confidential” documents related to the possible sale by Cargill of its Joe White malt business so that he can mull a settlement offer.

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Native title challenge to Adani’s Carmichael mine not over
Appeals 2018-09-13 1:20 pm By Christine Caulfield Melbourne

A native title challenge to Adani Mining’s controversial $16 billion development of the Carmichael coal mine in Queensland has been revived, with a group of Indigenous Australians appealing a ruling that tossed their case.

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Cargill wins bid to call King & Wood Mallesons solicitor as a witness
Agriculture 2018-09-11 11:29 pm By Cat Fredenburgh

A judge has granted Cargill Australia’s request to call a King & Wood Mallesons solicitor that represented Viterra as a witness in the epic trial over the $420 million sale of Viterra’s Joe White business to Cargill in 2013.

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Mortgage firm can’t shut down derivative suit over Macquarie Bank sale
Appeals 2018-09-11 5:49 pm By Christine Caulfield Melbourne

Mortgage aggregator Connective Group has lost an appeal of a ruling that gave the greenlight to a shareholder’s derivative lawsuit against company directors and Macquarie Bank over the sale of 25 percent of the business to the bank.

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Banksia class action funder avoids extra costs despite ‘ulterior motive’
Appeals 2018-09-07 10:42 pm By Christine Caulfield Melbourne

The litigation funder that unsuccessfully sought to block a shareholder from opposing a $64 million class action settlement over the collapse of Banksia Securities is not on the hook for indemnity costs despite bringing the injunction with an ulterior motive.

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Westpac close to settling ASIC’s responsible lending case
Financial Services 2018-09-03 9:27 pm By Miklos Bolza Sydney

A trial set to begin Monday morning in ASIC’s landmark case against Westpac alleging the bank breached responsible lending laws was postponed amid settlement talks, which were expected to continue into the evening.

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Deloitte fights order denying privilege in Hastie class action
Appeals 2018-08-31 2:13 pm By Cat Fredenburgh Melbourne

Auditing firm Deloitte Touche Tohmatsu wants to challenge a ruling that forces some of its partners to hand over evidence to  shareholders in a class action over accounting work for collapsed engineering company Hastie Group.

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Glencore in-house counsel denied access to Cargill deal docs
Agriculture 2018-08-27 6:13 pm By Cat Fredenburgh Melbourne

A judge has ruled in-house counsel at Glencore can’t view “highly confidential” documents related to the possible sale by Cargill of its Joe White malt business.

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Kraft can bring new claims against Bega mid-trial
Addisons 2018-08-22 8:00 pm By Cat Fredenburgh Melbourne

The long, complex battle over who owns the rights to the Kraft peanut butter trade dress just promised to get longer, with Kraft winning approval to bring fresh allegations against Bega mid-trial.

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