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Herbert Smith Freehills advice to Horizon Oil protected by privilege, judge rules
Horizon Oil has won its bid to shield Herbert Smith Freehills documents advising the company did not breach foreign bribery laws from being revealed in a defamation lawsuit brought against Fairfax Media by a Papua New Guinea government Minister.
Murray Goulburn insurer says it shouldn’t be on the hook for class action settlement
Murray Goulburn insurer AIG Australia says it should not have to pay 20 per cent of a $42 million class action settlement reached by the dairy cooperative, arguing on Tuesday that the class action claims failed to satisfy the definition of a "securities claim" in its insurance policy.
Banks will try to quash ‘incomprehensible’ indictment in ANZ cartel case
Global investment banks and executives accused of engaging in criminal cartel conduct in relation to a $2.5 billion ANZ share placement in 2015 will seek to quash the "incomprehensible" indictment filed against them, claiming it is full of "fallacies".
Judge says tweaking class closure order requires analysis of power, won’t go there
A judge has refused to extend the date by which Coles workers can register to join an employment class action against the supermarket giant as part of a class closure order, saying the amendment would force a hearing on his power to make the order.
Liquidators say Arrium directors should have known about ‘liquidity crisis’ sooner
The directors of steel giant Arrium, which collapsed owing $4 billion in debts, should have known earlier that the company was in a "liquidity crisis" and was trading while insolvent, liquidators for the company allege.
Judge ‘tempted’ to allow Arrium liquidator to give expert evidence at trial
A judge has indicated that he will allow Arrium Group's liquidator to give expert evidence at an upcoming trial in proceedings against the steel giant's former directors over its $4 billion collapse, despite his other role as a party in the case.
Judge OKs $9.5M McMillan Shakespeare settlement despite funder, lawyers taking bulk
A judge has approved a $9.5 million settlement in a class action against McMillan Shakespeare as fair and reasonable, allowing a common fund order and a nearly 30 percent commission for the litigation funder despite previously raising "real concerns" about the small portion flowing to group members.
Judge won’t allow new claims against Herbert Smith Freehills over Arrium Group collapse
A judge has refused a bid to bring claims against law firm Herbert Smith Freehills in one of three lawsuits that will soon head to trial over the $4 billion collapse of steel giant Arrium Group.
Monster Energy challenges loss of ‘Motherland’ trade mark
Monster Energy, which makes Mother brand energy drinks, has appealed a ruling from IP Australia that granted rival caffeinated beverage maker Vittoria Food & Beverage's application for the removal of Monster's 'Motherland' trade mark for non-use.
Funder likens itself to pinata in hearing over $9.5M class action settlement
The funder behind a class action against McMillan Shakespeare has warned against the court beating it up like a 'pinata' in a settlement approval hearing in which the judge expressed "real concerns" about the portion of a $9.5 million settlement earmarked for group members.