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Funder’s CEO told female director to ‘make way for thrusting young bucks’, suit says
Discrimination 2025-04-09 1:32 pm By Christine Caulfield

The CEO of litigation funder Woodsford told a female director to swallow her “pride and ego” and make way for a younger, male collague, a new lawsuit claims.

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Tabcorp’s former CEO sues betting giant, directors
Employment 2025-04-09 11:23 pm By Christine Caulfield

Tabcorp’s ex-boss, who was found to have been forced out over alleged offensive language, says his coerced resignation was inconsistent with a boardroom history of condoning off-colour remarks.

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Class action funder faces unfair dismissal suit by ex-director
Class Actions 2025-04-08 11:47 pm By Christine Caulfield

A UK-based litigation funder has been hit with a lawsuit by its Australian director and head of origination claiming dismissal in breach of the Fair Work Act.

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CIMIC class action funder takes $4.7M haircut from commission
Class Actions 2025-04-08 11:56 pm By Christine Caulfield

The litigation funder behind a class action against engineering firm CIMIC took a $4.7 million hit to its commission from a settlement after a dispute with the plaintiff’s law firm, according to a decision published Friday.

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NSW Liberals lodge class action over council nomination debacle
Class Actions 2025-04-08 11:01 pm By Christine Caulfield

Two NSW Liberal Party members have brought a class action after party officials failed to lodge their nomination forms for local government seats in the 2024 elections.

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AIG reaches settlement in Linchpin investor class action
Settlement 2025-04-07 3:59 pm By Christine Caulfield

A class action brought by investors of failed advisory firm Linchpin has reached a settlement with insurer AIG — the last remaining defendant in the case.

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CIMIC class action wins court nod for $45.25M settlement
Class Actions 2025-04-07 2:04 pm By Christine Caulfield

A judge has approved a $45.25 million settlement in a shareholder class action against engineering firm CIMIC over disclosures relating to its Middle East business.

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Construction PRO
Aspen Group pays $32M for Albemarle site in Australind, WA
Construction 2025-04-08 4:21 pm By Christine Caulfield

Affordable housing developer Aspen Group has entered into a conditional contract with lithium giant Albemarle Corporation to buy a 18 hectare accommodation complex in Australind, Western Australia.

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Herbert Smith Freehills, Kramer Levin join forces in landmark law firm merger
Business of Law 2025-04-05 12:01 am By Christine Caulfield

Herbert Smith Freehills and NY-based Kramer Levin have merged to form a world-first transatlantic and transpacific law firm.

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Construction PRO
Hastie liquidators get court OK to fund cases against Hall & Wilcox
Restructuring & Insolvency 2025-04-07 1:19 pm By Christine Caulfield

Hastie’s special purpose liquidators have won court approval to enter into a further funding agreement as it pursues cases against Hall & Wilcox, which previously represented the collapsed engineering firm.

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