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Trader Daniel Schlaepfer and his firm Select Vantage were alerted to possible market manipulation and flaws in the company's surveillance system, the court has heard mid-trial in the case alleging ASIC made defamatory remarks to the trading firm's major business partners.
Pharmaceutical giant Mylan has been ordered to hand over documents relating to its proposed launch of a generic version of its cholesterol drug Lipidil to rival Sun Pharma in advance of a hearing on Mylan's request for an order blocking Sun from launching its own generic version of the drug.
A court has dismissed an application for a common fund order in a class action against Westpac, saying the applicant in the Maurice Blackburn-led action had failed to sufficiently detail the case and had "shirked" its responsibility by launching the proceedings with a concise statement alone.
Labour hire company WorkPac has asked the court to dismiss an $84 million class action brought on behalf of thousands of casual mine workers alleging they were misclassified and denied annual leave and other entitlements.
An appeals court has dismissed a banned medical doctor's challenge to the granting of three vexatious proceedings orders on constitutional grounds that the judge who made the orders was too old.
An eminent professor at a Melbourne law school has launched legal action against his employer after complaints of bullying by two other professors led to his suspension.
Banking giant Westpac has criticised Maurice Blackburn for rushing to file the first class action in the wake of the banking royal commission's scathing final report, saying the self-appointed leading class action firm should know how to properly commence proceedings.
Fairfax Media will seek to use documents provided by the US Department of Justice to amend its defence in a defamation case brought by wealthy Chinese-Australian businessman Chau Chak Wing over articles that appeared in the Sydney Morning Herald linking him to an international bribery scandal.
Trader Daniel Schlaepfer and his firm Select Vantage are seeking over $10 million in damages from the Australian Securities and Investments Commission in a defamation action against the corporate regulator, a court heard Thursday on the fourth day of trial in the case.
In a first for the NSW Supreme Court, Judge Peter Garling last week found that the plaintiff in a class action does not need to have a claim against all defendants, a case that could make life much easier for plaintiff lawyers, says barrister Daniel Meyerowitz-Katz of Second Floor Wentworth Chambers.clas