A judge has given the green light to a settlement of seven class actions against ratings agency S&P Global over toxic financial products, saying despite an “extraordinarily large” litigation funding fee the deal was a “significant vindication” of group member claims.
The corporate watchdog can’t get its hands on documents detailing Westpac’s disciplinary measures against rogue traders or communications between the employees ahead of a penalty hearing in a case that found the bank attempted to influence the Bank Bill Swap Rate.
Cargill has been ordered to turn over what it describes as “highly confidential” documents related to the possible sale of its malt business, a new revelation in the complex trial over claims Viterra fraudulently concealed crucial information when it sold malt producer Joe White Maltings to Cargill Australia in 2013 for $420 million.
Ophthalmic diagnostic device maker ObjectiVision’s amended claims for damages, filed after a 25-day patent hearing, are “outlandish” and “unfair,” the University of Sydney has told the Federal Court.
Globe International denies that it violated the law when it sent multiple letters to Kmart allegedly threatening legal action for infringing its copyright for cargo pants and shorts.
The former CEO of organic baby food producer Bellamy’s Australia has lost a legal battle over $1.2 million in options she claimed she was owed as part of a long-term financial incentives scheme.
The litigation funder behind the Federal Court’s precedential ruling that established the first common fund order in an Australian class action agreed to cuts its rates as part of negotiations that resulted in the $132.5 million settlement of the class action against QBE Insurance.
The Australian Securities and Investments Commission wants documents from Westpac Banking Corp. detailing how it disciplined rogue traders, including Colin ‘the Rat’ Roden, at the centre of a scandal to influence the benchmark Bank Bill Swap Rate.
The former CEO of organic baby food producer Bellamy’s Australia has sued her old employer over $1.2 million in options allegedly owed as part of a long-term financial incentives scheme.
Fitbit has resolved a trade mark case brought against the convenience store owned by billionaire Yasser Shahin over his company’s “Footbit” and “Headbit” trade marks.