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Referee to weigh in on costs in $42M Murray Goulburn class action settlement
Agriculture 2019-07-05 9:35 pm By Cat Fredenburgh Melbourne

A Federal Court judge has appointed a costs referee in a shareholder class action against two units of dairy co-op Murray Goulburn over a 2016 profit forecast revision which recently settled for $42 million.

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ACCC must hand over docs on Vodafone-TPG merger investigation
Allens 2019-07-04 4:50 pm By Miklos Bolza Sydney

The Federal Court has ordered the Australian Competition and Consumer Commission to hand over documents to Vodafone that were “directly relevant” to its decision to oppose the $15 billion Vodafone-TPG merger. In an order given Wednesday, Federal Court Justice John Middleton directed the ACCC to conduct a reasonable search and provide any relevant documents from…

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Ariosa infringed Sequenom’s patent for prenatal genetic test, court finds
Adrian Ryan 2019-07-01 10:07 pm By Cat Fredenburgh Melbourne

A court has found Ariosa Diagnostics infringed a patent held by Sequenom for a noninvasive prenatal genetic test, and ruled one claim of the patent invalid for lack of fair basis.

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Murray Goulburn pays $42M to settle shareholder class action
Class Actions 2019-06-24 8:55 pm By Amelia Birnie Sydney

Dairy supplier Murray Goulburn has agreed to pay $42 million to settle one of two shareholder class actions over a 2016 profit forecast revision that sent the co-op’s unit price falling more than 40 per cent in five days. 

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Mark Elliott’s firm appeals costs ruling in Treasury Wine class action
Appeals 2019-06-24 8:38 pm By Miklos Bolza Sydney

A firm owned by solicitor Mark Elliot has launched an appeal challenging costs orders made against it in a stayed class action against winemaker Treasury Wine Estates.

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Competing law firms agree to join forces in BHP class action
Appeals 2019-06-21 10:33 pm By Christine Caulfield Melbourne

Rival law firms Phi Finney McDonald and Maurice Blackburn have offered to consolidate their competing shareholder class actions against BHP after prompting by the Full Federal Court, which said Friday it approved of the plan.

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Law firms should air their gender pay gap ‘dirty laundry’, Herbert Smith Freehills boss says
Business of Law 2019-06-21 8:51 pm By Amelia Birnie Sydney

One of the top Australian executives of Herbert Smith Freehills has advocated for a UK-style quartile pay transparency system Down Under, calling on law firms to air their “dirty laundry” when it comes to the gender pay gap.

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Maurice Blackburn reunites with air cargo lead applicant in cartel class action against banks
Allens 2019-06-20 3:09 pm By Christine Caulfield Melbourne

The law firm running a cartel class action alleging manipulation of foreign exchange rates by five global investment banks is teaming up with the same lead applicant that represented group members in the price-fixing case against major international airlines.

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Mystery woman emerges as potential source of ‘industrial espionage’ against Motorola
Cameron Moore 2019-06-19 9:05 pm By Amelia Birnie Sydney

The potential source of alleged “industrial espionage” in Motorola’s case against Hytera over the intellectual property for its digital radio mobile devices has been revealed as a mystery woman with two laptops that contained a “very large number of Motorola documents”, a court has heard.

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ACCC tells court there’s a ‘real chance’ TPG will resume 5G rollout
Allens 2019-06-19 4:28 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has told the court there’s “at least a real chance” TPG will resume plans to roll out a 5G mobile network after its earlier plans were thwarted by the government’s ban on the use Huawei technology, as the regulator defends its decision to block the proposed $15 billion tie-up between TPG and Vodafone.

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