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A class action on behalf of Drakes store managers claimed to be worth up to $20 million has settled for $2.2 million, and the law firm behind the proceedings wants a cut of up to $837,000.
Law firms accused of “fishing for a case” in a consolidated shareholder class action against Treasury Wine Estates have won access to key financial information in reports to the company’s board, with a registrar finding the material was relevant to the case.
Maurice Blackburn and Slater & Gordon are “fishing for a case” against Treasury Wine Estates, a court has heard during a discovery fight in a consolidated shareholder class action against the Penfolds wine maker.
A case before the Full Court that will revisit the question of whether class actions are managed investment schemes may not resolve all of the funding controversies that have emerged in a class action against franchise giant Retail Food Group, a court has heard.
Liquidators for ready-made meals producer Jewel of India have lost their bid to dodge public examination over their alleged poor handling of the business’ sale and failure to investigate potential claims against the Commonwealth Bank.
Peters Ice Cream has been hit with a $12 million penalty after admitting to entering an anti-competitive exclusive agreement for distribution of its single serve ice creams to service stations and convenience stores across Australia.
A notice issued to Pepsico demanding royalty withholding tax over bottling payments made by Schweppes correctly notified the soft drink giant of its tax liability, the Australian Taxation Office has said.
American fast food chain In-N-Out Burgers has settled a trade mark dispute with a Queensland fast food business that operates "ghost kitchens" under the name In & Out Aussie Burgers.
A judge has signed off on a settlement in a trade mark spat between M&M candy maker Mars and the world's largest macadamia grower, Macquis Macadamias, under which Marquis will no longer seek to register its MM mark for chocolate bars.
A class action settlement with Woolworths which "troubled" a Federal Court judge has been abandoned, with the lead applicants resuming their bid to intervene in a parallel proceeding brought by the Fair Work Ombudsman against the supermarket giant.