Litigation funders say they do not oppose the government’s plan to subject them to a licensing regime, but legal experts told Lawyerly the crackdown on funders may go too far too fast and could harm class action litigants.
Litigation funders will soon be brought under the current corporate licencing regime and subjected to greater regulatory scrutiny, an opening salvo by the Morrison Government in its latest probe into class actions in Australia.
The NSW Supreme Court has announced a staged reopening of in-person hearings after a two-month hiatus as well as measures to mitigate the risk of COVID-19 transmission, including temperature checks and increased cleaning and disinfection of high-traffic areas.
India’s God of Cricket Sachin Tendulkar has won a $2 million judgment against Australian bat maker Spartan Sports for allegedly failing to pay him money owed under a licencing deal and continuing to use his image after termination of the agreement.
A Melbourne-based immigration law firm has been dragged into court by job search platform Seek for alleged flagrant violations of its trade marks.
Cigno has appealed a ruling shooting down its challenge to the first action brought by ASIC under its powers to prohibit ‘predatory’ financial products, which targeted the payday lender’s model of short-term credit lending.
Petrol station convenience store chain On The Run has been hit with a class action alleging it owes more than 8,000 current and former underpaid employees up to $70 million in lost wages.
The Australian Competition and Consumer Commission has won court approval to bring new claims against BlueScope Steel for allegedly seeking to induce competitor OneSteel to engage in cartel conduct.
Logistics provider Toll Group says hackers who breached it systems last week accessed employee data and information on commercial agreements with current and former enterprise customers.
A global law firm with two offices in Australia will temporarily suspend partner draws due to the coronavirus health crisis.