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Car repair giant AMA Group has so far spent $737,000 in professional fees investigating whistleblower claims and taking former boss Andrew Hopkins to court for allegedly defrauding the company.
Two law firms running competing class actions against insurance giant Allianz have dropped a plan to resolve the duplication by jointly running just one of the cases, opting for consolidation instead.
AMA Group has told a court it will enter early mediation in its lawsuit against former CEO Andrew Hopkins that alleges he owes $2.4 million in unauthorised expenses and repayments on an outstanding loan.
AMA Group is suing former CEO Andrew Hopkins for $2.4 million he allegedly owes in unauthorised expenses and repayments on an outstanding loan
Two law firms bringing competing class actions against insurance giant Allianz have proposed to resolve the duplication by jointly running just one of the cases, but the judge overseeing the litigation needs convincing, she said Friday.
Andrew Hopkins has resigned from his position as group CEO of automotive repair firm AMA and has discontinued his lawsuit against the company despite a Federal Court injunction barring his dismissal amid allegations of fraud.
Automotive firm AMA Group will seek to discharge an injunction preventing it from dismissing a CEO who has been accused of defrauding the company of "hundreds of thousands of dollars" and damaging its reputation with major partners.
The Full Federal Court has tossed an appeal by Treasury Wine Estates claiming that Maurice Blackburn and barrister Guy Donnellan breached their obligations in preparing the pleadings in a current shareholder class action against the global winemaker.
Treasury Wine Estates has accused plaintiffs law firm Maurice Blackburn and barrister Guy Donnellan of "taking advantage" of their privileged position by using evidence discovered in a settled class action to file a second case against the wine maker.
A Victoria Supreme Court judge hearing two competing class actions against Allianz Australia over "junk" insurance has asked the parties for feedback on what she should consider at a hearing on a request for a group costs order, which would allow the plaintiff lawyers to earn a cut of any settlement or judgment, the first such request made since Victoria legalised contingency fees.