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EnergyAustralia execs can view docs in $1B sale dispute with QIC
Associate Justice Melissa Daly 2018-10-11 5:44 pm By Miklos Bolza Sydney

A judge has granted a unit of Queensland Investment Corporation’s request for a confidentiality regime for certain documents discovered in an ongoing legal spat with EnergyAustralia over the $1.78 billion sale of a gas facility in Victoria, but said three EnergyAustralia can view the documents.

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Quinn Emanuel reveals ‘step up’ funding model in AMP class action beauty pageant
Adam Hochroth 2018-10-10 9:29 pm By Miklos Bolza Sydney

Law firm Quinn Emanuel Urquhart & Sullivan will call in US experts to back up its proposed “step up” funding model as five law firms begin a high stakes battle to lead a shareholder class action against AMP.

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United can’t boot judge from final hearing in Freehills case
Clyde & Co. 2018-10-09 11:57 pm By Miklos Bolza Sydney

Australian petrol retailer United Petroleum has lost a bid to disqualify a judge from a final hearing on costs in its unsuccessful battle against law firm Herbert Smith Freehills over a failed initial public offering.

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US sports site tackles Aussie rival with IP suit
Bird & Bird 2018-10-09 4:42 pm By Cat Fredenburgh Melbourne

A US sports news website founded by former Yankees shortstop Derek Jeter featuring content by athletes has filed a lawsuit alleging an Australian sports site has violated its IP.

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ANZ says prosecutors dragging feet in criminal cartel case
Allens 2018-10-09 1:29 pm By Miklos Bolza Sydney

The Australia and New Zealand Banking Group told the court on Tuesday that it urgently needs a statement of facts, during the first hearing in the highly anticipated criminal cartel case against three investment banks.

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Judge puts ASIC ‘fees for no service’ case against NAB on fast-track
Competition & Consumer Protection 2018-10-08 10:56 pm By Miklos Bolza Sydney

A Federal Court judge has put ASIC’s first fees for no service case, brought against two units of National Australia Bank’s wealth management division, on an expedited timetable, saying the case was not new territory for the bank.

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Closely watched criminal cartel case against banks gets underway
Allens 2018-10-08 12:14 pm By Cat Fredenburgh Melbourne

The stakes will be high for both sides when some of the country’s top competition lawyers face off against the ACCC Tuesday in the first hearing in a closely watched criminal cartel case against three investment banks over a $2.5 billion ANZ institutional share placement.

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UGL class action funder to earn up to 30% commission
Article 2018-10-05 2:09 pm By Christine Caulfield Melbourne

The litigation funder backing a class action against engineering company UGL over disclosures related to the ballooning costs of its Ichthys power project could pocket up to 30 percent of any settlement or judgment, according to a court order.

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Macmahon pays $6.7M to settle shareholder class action
ACA Lawyers 2018-10-04 4:28 pm By Cat Fredenburgh Melbourne

Macmahon Holdings has agreed to pay $6.7 million to settle a shareholder class action alleging the mining company failed to provide adequate disclosures about the impact delays on a project for Rio Tinto in the Pilbara would have on its profitability.

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Hytera asks to keep China’s state secrets from Motorola in IP war
Herbert Smith Freehills 2018-10-04 12:56 pm By Christine Caulfield Melbourne

Hytera Communications wants the Federal Court to block Motorola from accessing evidence in their patent war covered by Chinese laws prohibiting disclosure of state secrets or compromising the country’s cybersecurity.

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