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No win no fee carries law firm to victory in Boral class action beauty parade
The law firm running its class action on a no win no fee basis has been crowned the winner in a battle against two competing firms to lead a shareholder class action against construction giant Boral, in the first such judgment handed down in the wake of a High Court ruling on competing class actions.
Litigation funder not on hook for costs in failed Airservices class action
The litigation funder that backed a dismissed employment class action against aviation service provider Airservices Australia has successfully argued that it should not bear the company's costs of defending the case
Jardine Lloyd Thompson wants to declass lawsuit over ‘excessive’ insurance premiums
Insurance broker Jardine Lloyd Thompson wants to declass a representative action brought on behalf of local councils in NSW alleging it socked them with inflated premiums, arguing there are no common questions to be determined in the case.
JPMorgan wants to have its cake and eat it too in ANZ cartel case, court hears
Whistleblower JPMorgan can't be a witness in a criminal cartel case over a $2.5 billion ANZ share placement that has ensnared several investment banks and top executives and claim privilege over witness statements relevant to the case, a court has heard.
‘Disturbing number of similarities’: Judge slaps interim injunction on ‘RestQ’ trade mark use
A judge has issued an injunction temporarily barring use of the RestQ trade mark on sleep products sold by Martin & Pleasance because of a “disturbing” number of similarities with the marketing and appearance of an established competitor’s Rescue natural sleep aid product.
GetSwift wins appeal bid to disqualify judge from class action
GetSwift has triumphed in its bid to disqualify a judge who refused to recuse himself from hearing a shareholder class action against the logistics software company after presiding over ASIC's civil penalty proceeding against the company.
44-count indictment filed in ANZ criminal cartel case
Forty-four charges have been outlined in a long-awaited indictment in a criminal cartel case over a $2.5 billion ANZ share placement, including 29 charges against top executives from ANZ, Deutsche Bank and Citigroup.
GetSwift slammed for ‘unfair attack’ on judge hearing class action, ASIC case
GetSwift has been criticised for its "quite unfair attack" on a Federal Court judge who refused to disqualify himself from hearing a shareholder class action against the logistics software company after presiding over ASIC's civil penalty proceeding against the company.
MySuper lawsuit gets one more chance before NAB pulls trigger on dismissal
Two NAB units have indicated they will seek to dismiss a lawsuit over alleged MySuper mismanagement which the court recently ruled was not validly commenced as a class action if the lead applicant fails in his bid to replead.
Judge refuses class action’s bid to amend forex cartel case against banks
A judge has sided with five investments banks and rejected a bid to amend a class action alleging a series of cartel agreements to rig foreign exchange rates, saying there were "substantial problems" with the proposed pleadings.