Fonterra 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.
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Court considered: Plaintiff’s application to file revised expert report and make consequent pleading changes in a 5th amended statement of claim. Defendant vigorously opposed. Court allowed new report despite prejudice and delay and allowed some of the proposed amendments.
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"World prices move very, very quickly when supply and demand is relatively balanced."
Eight weeks before the 28 August 2017 trial of a shareholder class action against Treasury Wine Estates (TWE), the global wine company asked the Court to let witness Ms Le Drew give evidence via video link from America, where she lives. TWE argued that Ms Le Drew was really busy with her work in a new job plus her son’s first visit to her in about 9 months was to take place during the Trial.
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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.
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Reports from China show Beingmate suffered a string of financial losses and faces accusations of alleged milk powder tampering.
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The 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.
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