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Banksia class action silk’s wife bound by damning judgment, court told
Class Actions 2022-09-09 11:51 pm By Christine Caulfield

Companies associated with the wife of disgraced senior barrister Norman O’Bryan are stuck with the findings of last year’s excoriating judgment against the Banksia class action legal team despite their status as third parties, a court has heard.

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Banksia receiver justified in rejecting lawyers’ $10.6M settlement, court says
Class Actions 2022-08-30 4:21 pm By Christine Caulfield

The special purpose receiver acting for debenture holders of defunct Banksia Securities was right to reject a confidential settlement — believed to be for $10.6 million — offered by the disgraced lawyers behind a scandal-ridden class action, a court has found.

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7-Eleven class action funder wins first-ever interim payment from settlement
Class Actions 2022-06-17 4:24 pm By Cindy Cameronne

A judge has granted a litigation funder for two franchisee class actions against 7-Eleven an interim payment to cover its costs ahead of a ruling on how much it can pocket from a $98 million settlement.

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‘Unsatisfactory state of affairs’: 7-Eleven class action funder wants $16.6M advance on payout
Class Actions 2022-06-15 4:49 pm By Cindy Cameronne

A litigation funder for two franchisee class actions against 7-Eleven has asked a court for a $16.6 million payout to cover its costs before a judge rules on how much it can pocket from a $98 million settlement.

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7-Eleven class action law firm’s billing practice ‘troubling’, court hears
Class Actions 2022-05-13 9:46 pm By Cindy Cameronne

A judge overseeing two franchisee class actions against 7-Eleven that settled for $98 million has been urged to cut the payout to the law firm running the cases because it had a “troubling” practice of deferring its fees.

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$98M 7-Eleven class action settlement approved but costs, commission hang in the balance
Class Actions 2022-04-04 12:40 pm By Miklos Bolza

A judge has signed off on a $98 million settlement in two franchisee class actions against 7-Eleven, but has yet to reach a decision on $19.6 million in legal costs and a $25 million funding commission, which a court-appointed contradictor has urged him to reject.

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7-Eleven class action lawyer accused of retaliation, deliberate late billing
Class Actions 2022-03-30 9:39 pm By Cindy Cameronne

A solicitor running two franchisee class actions against 7-Eleven “retaliated” against a group member who objected to a $98 million settlement and issued a late $6.5 million legal bill to benefit a litigation funder, a court has heard.

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Contradictor backs $98M class action settlement given 7-Eleven’s ‘significant’ risk of losing at trial
Class Actions 2022-03-29 10:20 pm By Cindy Cameronne

A $98 million settlement reached in two franchisee class actions against 7-Eleven is “appropriate” given the likelihood that the convenience store giant would have lost at trial, according to a contradictor who urged the court to reject a $25 million cut sought by the funder that backed the litigation.

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7-Eleven class action funder’s commission should be cut by $10M, court told
Class Actions 2022-03-28 7:20 pm By Cindy Cameronne

Litigation funder Galactic should receive a $15 million commission for its work on two franchisee class actions against convenience store giant 7-Eleven, instead of the $25 million it has asked for, a court has heard.

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‘Grave concerns’ raised by contradictor about 7-Eleven class action lawyer’s comments
Class Actions 2022-03-15 3:42 pm By Miklos Bolza

The contradictor appointed to represent group members in an application for approval of a $98 million settlement of two franchisee class actions against 7-Eleven has raised “grave concerns” about criticism by the senior partner of the law firm running the proceedings.

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