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ACCC seeks market input on Saputo offer to sell Koroit plant
Agriculture 2018-03-16 10:26 am By Cat Fredenburgh

The ACCC wants the public to weigh in on Saputo’s offer to sell its Koroit dairy plant in Victoria to win the regulator’s blessing for its $1.3 billion tie-up with Murray Goulburn.

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AWB to drop unfair contract terms that raised ACCC’s ire
Agriculture 2018-03-14 3:58 pm By Cat Fredenburgh

Australia’s largest agribusiness, AWB Harvest Finance Pools Pty Ltd, has agreed to make changes to the contracts it uses with farmers after the Australian Competition and Consumer Commission flagged terms of its contracts for being unfair. 

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Cargill’s talks with Allens stay privileged in Viterra case
Agriculture 2018-03-08 9:50 pm By Cat Fredenburgh

Viterra Malt has come up short in a second bid to access communications between Cargill Australia and its lawyers, in a case alleging fraudulent concealment by Viterra in its $420 million sale of malt producer Joe White Maltings to Cargill Australia in 2013.

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LCM to fund $100M class action over Gladstone Ports dredging
Agriculture 2018-03-05 7:39 pm By Christine Caulfield

Litigation funder LCM said Monday it had agreed to finance a $100 million class action on behalf of fishing operators and seafood suppliers who claim they lost their livelihoods after dredging at Gladstone Port in southern Queensland.

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Saputo in talks to sell milk plant to appease ACCC
Agriculture 2018-03-05 1:31 pm By Christine Caulfield

Canadian dairy giant Saputo said Monday it is considering selling a milk plant in Victoria to smooth regulatory approval of its proposed $1.3 billion deal to buy Murray Goulburn.

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Murray Goulburn class goes digging for Herbert Smith docs
Agriculture 2018-03-02 7:21 pm By Cat Fredenburgh

Lawyers running a class action against Murray Goulburn want access to evidence that the dairy cooperative’s trust consulted with a QC about possible claims against its law firm, Herbert Smith Freehills.

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Judge keeps lawyers in Cargill-Viterra suit on short leash
Agriculture 2018-02-19 9:04 pm By Cat Fredenburgh

A judge in the Supreme Court of Victoria hearing a case brought by Cargill Australia alleging fraudulent concealment in the $420 million sale of malt producer Joe White Maltings by Viterra Malt Pty Ltd won’t loosen the reins on lawyers who have spent “millions of dollars” on discovery.

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Allens wins costs in oil spill class action
Agriculture 2018-02-14 12:22 pm By Christine Caulfield

A Federal Court judge has ruled the lead applicant in a Maurice Blackburn-led class action by Indonesian farmers against PTTEP Australasia must foot its opponent’s legal bill, despite winning its bid to bring the case outside the limitations period.

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Cargill cow gene patent invalid, Federal Court says
Agriculture 2018-02-13 4:37 pm By Cat Fredenburgh

A federal court judge has found that a bovine gene patent held by Cargill Inc. is invalid, but said the American agriculture giant could beef up the patent claims in response to his ruling.

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