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A litigation funder's average rate of return on its investment in shareholder class actions was one of a number of factors weighed by a judge in approving a 25 per cent funding cut from the $42 million settlement in a class action against dairy cooperative Murray Goulburn.
A judge overseeing mining magnate Clive Palmer's challenge to border closures by Western Australia and Queensland has delayed a hearing in the case for two weeks as WA's expert responds to an urgent call for help from Victoria, which has seen a record surge in coronavirus cases.
A hearing on the validity of border closures by Western Australia and Queensland should be pushed off while WA's expert responds to an urgent request by Victoria's health authorities to help that state deal with its coronavirus outbreak, the Federal Court has been told.
The liquidators of Clive Palmer's Queensland Nickel are appealing a win for the billionaire in their case over the collapse of the refinery in 2016, which centred on $102 million in loans allegedly paid by Queensland Nickel to Palmer's Mineralogy.
The ACCC is challenging a ruling that dismissed the watchdog's claim that property investment company Quantum Housing Group engaged in unconscionable conduct in misleading investors in the National Rental Affordability Scheme, saying the legal test for finding unconsionability under the consumer law needed clarifying.
A public sector lawyer has won a bid to have the workplace umpire hear claims he was refused pay rises after engaging in allegedly inappropriate behaviour that included wearing Zara brand shoes and woollen jumpers in the winter months.
National delivery company Megasave Couriers and its sole director have been taken to court by the consumer watchdog, which alleges franchisees were duped into purchasing a franchise outlet by false promises of guaranteed minimum weekly payments and annual income.
Hall & Wilcox has lured an insolvency ace from McCullough Robertson to bolster its insolvency and commercial litigation team in Brisbane.
Court documents sought to be kept confidential in a case alleging professional misconduct against barrister Norman O'Bryan SC in his role as counsel for a class action over the collapse of Banksia Securities accuse the top silk of continuing to have an interest in the funder that bankrolled the proceedings after his wife was said to have sold her shares.
Billionaire real estate developer Harry Triguboff and his company Meriton have hit back at claims by the former group general counsel of the property giant that he was sacked after refusing to lie, saying the allegations are untenable and untrue.