Application for common fund order refused on grounds of:
(a) Being premature given the unresolved status of debts claimed in the external administration of a defendant (being the same claims sought in the class action), and the potential for joinder of additional defendants to the action; and
(b) The terms proposed would allow the funder to take a success fee for debts recovered the administration, not just the class action it was funding.
Read MoreNearly two years after a settlement scheme was devised, the plaintiff’s lawyer (as scheme administrator) requested four new types of costs. The Court granted two of the costs (tax and accounting fees), and denied two (expert costs and more generous administration costs).
Read MoreFonterra would have difficulty getting a bid past first base as the ACCC would be looking at the overlap in milk collection area, causing competition issues for farmers looking to place their milk.
Read More"World prices move very, very quickly when supply and demand is relatively balanced."
On 9 Jan 2017 a second class action was brought against Queensland Water Authorities for the January 2011 Brisbane floods. The second claim (the Hassid Case) was brought by Philip Hassid and Koula Hassid, as a class action, apparently because the first class action (the Rodriguez Case) abandoned pure economic loss claims in February 2016.
Read MoreThe exclusion of litigation funding arrangements and proof of debt arrangements from the National Credit Code has been extended for a further two years, until 12 July 2019.
Read MoreABS analysis and State Library of Vic records show deregulation and supermarket discounting have shattered a century of stable milk pricing.
Read MoreFarmer Power president Chris Gleeson said the group would also call for a community boycott of $1-a-litre milk and wanted to run an advertising campaign countering the supermarkets’ price wars
Read MoreThe Independent Brewers Association (IBA) has described today’s decision by the ACCC to take no further action in relation to tap contracts as a body blow for the Australian independent brewing industry.
Read MoreThe judgment granted the plaintiff’s request for leave to file an amended application and statement of claim.
Read MoreThe owners of the Great Northern Hotel, in Rathdowne St, Carlton, have accused Woodend’s Holgate Brewhouse of trying to force tap contracts on to the bar, jeopardising its proudly independent status.
Read MoreWhile the extent of the transfer is not known, and is between several processors, many say it is the biggest in a decade and warn there is only limited capacity to move.
Read MoreIt’s the start of a fightback against a perceived effort by big business to appropriate the craft beer revolution. Adopting the maxim that if you can’t beat them you can buy them, a wave of craft beer takeovers engulfed the US first and has now reached Britain.
Read More“I’m fascinated and interested to see where the inquiry has landed,” United Dairyfarmers of Victoria president Adam Jenkins said.
Read MoreIt is a disgusting consequence of Murray Goulburn’s behaviour that means some neighbours will feel pitted against each other
Read MoreToday I think there’s a growing awareness that the craft beer industry is a big contributor to the economy, and I feel there’s a shift in political will to help craft brewers in a sense
Read MoreThe code sets out clear guidelines regarding pricing structures, loyalty payments and dispute resolution and will cover most of the milk produced in Australia.
Read More
