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Two firms, one funder out after judge consolidates RCR Tomlinson class actions
Class Actions 2019-08-15 10:01 pm By Amelia Birnie Sydney

Law firm Quinn Emanuel Urquhart & Sullivan will push forward with an investor class action against failed engineering company RCR Tomlinson on its own, with two firms driving competing actions agreeing to step down after a judge forcibly consolidated all three proceedings.

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Samsung challenges $138M arbitration award in Roy Hill mine dispute
Arbitration 2019-08-15 9:28 pm By Miklos Bolza Sydney

South Korea’s Samsung C&T Corporation has launched two bids in Singapore to set aside a US$94 million (AU$138 million) award relating to its dispute with Spanish energy company Duro Felguera over the Pilbara-based Roy Hill iron ore mine.

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‘This game is over’: judge ready to toss Iluka class action over ongoing funding dramas
ACA Lawyers 2019-08-15 3:45 pm By Amelia Birnie Sydney

The applicants in the Iluka Resources shareholder class action have less than a week to lock-in a $1.25 million security for costs, after the judge overseeing the case asked if he was allowed to dismiss proceedings himself following six months of being “very patient” about ongoing funding dramas.

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Barclays, other banks in forex cartel class action must produce US case docs
Allen & Overy 2019-08-15 3:36 pm By Christine Caulfield Melbourne

A judge has ordered a group of banks facing a competition class action over alleged foreign exchange rate-rigging to hand over documents they produced as part of settlement agreements in class actions in the US and Canada.

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Hytera can’t blame Motorola for not alerting it to source code theft sooner
Herbert Smith Freehills 2019-08-14 10:58 pm By Cat Fredenburgh Melbourne

Hytera can’t point the finger at Motorola for not alerting it to the alleged theft of the US telco’s source code by former employees sooner, as the first phase of the high stakes, high intrigue IP trial draws to a close.

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High Court dismisses Glencore’s bid to block ATO from eyeing Paradise Papers
Appeals 2019-08-14 10:05 pm By Miklos Bolza Sydney

Coal producer Glencore International has lost its High Court appeal to keep the Australian Taxation Office from reviewing documents related to its offshore assets, which were unearthed as part of the global Paradise Papers investigation. 

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Pitcher Partners ordered to hand over insurance docs in shareholder class actions
Arnold Bloch Leibler 2019-08-14 8:24 pm By Miklos Bolza Sydney

Pitcher Partners has been ordered to hand over information about its professional indemnity insurance in two shareholder class actions over its role as Slater & Gordon’s auditor.

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ICAP scolded for ‘interlocutory skirmishes’ in employee poaching spat
Conor Bannan 2019-08-14 3:57 pm By Miklos Bolza Sydney

A judge has criticised two units of global finance firm TP ICAP Group for “unnecessary and over technical interlocutory skirmishes” as they seek damages from two employees who jumped ship to a competitor and allegedly tried to poach staff.

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Google gets contempt of court charge set aside in case over defamatory reviews
Corrs Chambers Westgarth 2019-08-13 9:03 pm By Amelia Birnie Sydney

A contempt of court prosecution ordered against Google for failing to immediately remove allegedly defamatory online reviews has been thrown out, with a judge saying the internet giant did not act in reckless or negligent disregard of the court’s removal orders.

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‘We’re not in the realm of snake oil’: AFT appeals Maxigesic judgment
AFT Pharmaceuticals 2019-08-13 9:02 pm By Miklos Bolza Sydney

AFT Pharmaceuticals has challenged a Federal Court decision that found its Maxisegic ads were misleading and deceptive, saying the judge “set the bar too high” by requiring it to prove there was an adequate scientific foundation for its painkiller representations.

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