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‘Replete with error’: Firm fights $5.4M security order in Macquarie class action
A law firm is challenging an order that it pay $5.4 million in a class action against Macquarie Leasing as security for the lender's costs, saying concerns about its borrowing capacity were “theoretical and speculative.”
With new self-funding model, class action firm’s promise to pay Macquarie’s costs not enough
With its new business model of self-funding class actions, Maurice Blackburn can't get by with an undertaking to indemnify Macquarie for its costs if a case over flex commissions fails.