The court’s authority to shut down competing class actions is no longer in doubt after Tuesday’s Full Federal Court judgment in the case against GetSwift, and while there is no “silver bullet” when it comes to how judges must deal with multiple proceedings, there are key factors to weigh, the appeals court said. Here, experts provide the big takeaways from the landmark ruling.
A Dick Smith shareholder has lost his bid to bring a separate proceeding against the failed home goods retailer while two class actions are afoot.
The Australian Securities and Investments Commission claims Rio Tinto’s former CFO was referring to the write down for the reserves for two coal assets that were part of a $4 billion acquisition of Rio Tinto Coal Mozambique when he sent an email to the company CEO in January 2012 that contained the phrase “worse by far than expected”.
The top lawyer for Woolworths, who oversaw a lengthy process to offload the grocery giant’s petrol business as well as the aftermath of a rocky joint venture with US home improvement store Lowe’s, will step down from his position after four years on the job.
The Morrison Government plans to block the $13 billion acquisition of Australian energy infrastructure business APA Group by a Hong Kong group of companies led by CK Group, saying the deal was not in the national interest.
The Federal Court will hear a dispute between Fueltrac and the State of Queensland over the copyright for the fuel data reporting company’s monthly pump price report.
A group representing Australian winemakers has lost its objection to the European Commission’s plan to register ‘Avola’ as a mark of geographical indication for wine.
As judges grapple with fierce competition among litigation funders and law firms to lead class actions, Lawyerly asked two leading practitioners on opposing sides of the class action divide to give us their take on the issue.
ACCC boss Rod Sims has won a five-year extension of his term as Chair, ensuring the high energy regulator will continue to make good on its promises of higher fines and tougher enforcement of the nation’s competition and consumer laws.
A judge has found an Aboriginal art and souvenir supplier misled consumers by creating the false impression its products were made in Australia by Indigenous people, when they were actually made in Indonesia, the consumer watchdog said Wednesday.