ASIC has been given a little over a month to provide ANZ with documents it collected during the course of its investigation into a $2.5 billion ANZ share placement, as the bank, which is facing a related criminal cartel case, mulls whether to file an application to stay the regulator’s action.
Blasting the battle of competing class actions as a fight for the “commercial interests” of litigation funders not class members, a judge has called on lawyers for two shareholder actions against Brambles to settle the dispute themselves.
Woolworths has shot back at claims in a shareholder class action that it breached its continuous disclosure obligations, saying the lawsuit doesn’t allege there was material information it should have disclosed to shareholders in advance of its downward revision of a 2015 profit guidance.
PriceWaterHouse Coopers has received the green light to launch court action to pursue its cross claims against failed educational training company Vocation.
A global litigation funder that’s bankrolling some of the country’s largest class actions is planning to put down roots in Australia.
An appeals court has ordered the judge overseeing a fraudulent concealment trial over Cargill’s $420 million purchase of the Joe White malt business to reconsider his decision to allow an in-house lawyer at Glencore to access “highly confidential” deal documents.
Failed digital ad company Unlockd has until the end of the month to set out its competition case against Google or the suit will be thrown out.
Aurizon has won a request to view documents from Qube Holdings in the ACCC’s case alleging it reached an anti-competitive agreement with Pacific National for the sale of its intermodal freight business, as it pushes back against the competition regulator’s claim that there were other buyers vying for the business.
A former mobile lender with the Commonwealth Bank of Australia will stand trial for his alleged role in a massive $170 million home loan fraud scheme that targeted Australia’s largest banks.
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.