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Three senior Federal Court judges will hear arguments Monday and Tuesday in a closely-watched appeal of a ruling that stayed two of three competing shareholder class actions against GetSwift as an abuse of process, and the impact of the Full Court's ruling will be felt for a long time to come. Here are five major issues the court will be wrestling with over the next two days.
Former Slater & Gordon auditor Pitcher Partners has been hit with a class action alleging it signed off on an overly rosy 2015 year-end financial report that failed to disclose risks and impairments the firm faced from its recent acquisition of UK firm Quindell.
A judge has dismissed a bid by PriceWaterhouseCoopers to have one of two law firms bow out of a joint class action against the accounting giant after a lead applicant died.
BHP Billiton is facing the possibility of a second shareholder class action over the Fundao dam failure at its mine in Brazil, but the cases may be put on hold pending the outcome of homicide charges against company employees.
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.
Law firm Squire Patton Boggs is again on the losing end of a ruling by the judge presiding over a shareholder class action against GetSwift, a case now better known for infighting among lawyers than for the allegations levelled against the tech startup.
A judge on Friday will hear arguments in a bid by BHP Billiton to halt a class action over the mining giant's Brazilian mine disaster, a sweeping case filed on behalf of investors who held the company's shares in Australia, the UK or South Africa.
The litigation funder underwriting a class action against Myer will have to fork over another $950,000 in security ahead of what will be a rare shareholder trial starting next Wednesday, a court has ruled.
A settlement has been reached in two class actions brought on behalf of holders of debentures who allege they suffered losses due to Australian Executor Trustees' mismanagement of debenture issuer Provident Capital.
The naming of Squire Patton Boggs as a concurrent wrongdoer in GetSwift’s defence puts the law firm in an “impossible position of conflict of interest” if it wins a challenge to an order staying its class action against the company, the Full Federal Court has been told ahead of a highly anticipated appeal hearing that promises to pull no punches.