The two criminal cartel cases brought by the ACCC in the past three months are just the beginning, lawyers say, with three or four more criminal matters expected to be brought by the end of the year.
A $3 million settlement in the shareholder class action against the directors of failed mining company Kagara has been approved, with a Federal Court judge saying the amount is fair and reasonable despite two-thirds of it going to the lawyers and funder that brought the case.
The ACCC will decide by November 8 whether the proposed merger of Nine Entertainment with Fairfax Media raises competition concerns.
The former chief financial officer of LGL Commodities has lost a bid to join the accountant for the collapsed grain trader as a co-defendant in a case brought against him and three other directors by the company’s liquidators.
The publisher of The Daily Telegraph has won its bid to bring a defence of justification against claims by actor Geoffrey Rush that the newspaper defamed him in articles alleging the actor behaved “inappropriately” during a production of King Lear at the Sydney Theatre Company.
Crown Resorts is taking the NSW government to court over development at central Barangaroo that threatens to block its views of Sydney Harbour Bridge and the Opera House.
Unlockd says its close to finalising litigation funding to pursue its competition case against Google, but the September trial date has been pushed back as the search engine demands a show of proof that the failed startup can pay up if the case goes Google’s way.
The country’s biggest law firms were among the first in line to weigh in on changes to the class action regime proposed by the Australian Law Reform Commission, with one global firm cautioning against a weakening of continuous disclosure laws.
US tyre company Goodyear wants to challenge a ruling in a long-running dispute with UK-based rival Dunlop over coveted trade marks for ‘Dunlop’ and ‘Flying D’.
Eight former directors of failed mining company Kagara have settled a shareholder class action alleging they misled investors and falsified the company’s accounting records, the Federal Court heard Friday.