Two minority shareholders in Argentina’s state-controlled oil company have won a dispute over service in their case seeking to enforce a $24.3 billion judgment awarded in a US court.
The High Court has rejected logistics company Qube’s special leave application asking it to clarify the scope of an adjudicator’s role in determining a contractor’s payment claims under the SOP Act.
The High Court has unanimously found the Federal Court has no power to allow solicitors to take a cut of a settlement or judgment in a shareholder class action against Blue Sky, saying it would be contrary to rules against contingency fees in NSW.
Logistics company Qube wants the High Court to clarify the scope of an adjudicator’s role in determining a contractor’s payment claims under the SOP Act.
As the High Court hears oral arguments this week on the reach of power to make common fund orders for firms and funders bringing class actions, Lawyerly gives a cheat sheet on what the justices could do.