Most Recent
A judge has rejected a proposed common fund order in the settled KPMG class action, saying the funder's commission was "arguably excessive" and could result in a "stratospheric" return to the firm.
A court has stayed a case against global lithium miner Galaxy Resources after finding that an insurance policy by the plaintiff's funder and an associated undertaking and deed of indemnity were insufficient to cover security for costs.
Mineral sands producer Iluka Resources is threatening a dismissal bid in a shareholder class action it has spent $2 million fighting over the past year, amid concerns proposed security could be inadequate and the applicant has still to finalise an agreement with a litigation funder.
Insolvency firm Kordamentha has filed proceedings against ten former directors of the Arrium Group, accusing them of breaching of their duties to prevent insolvent trading after the steel giant collapsed with almost $4 billion in debt.
The settlement of the Discovery Metals investor class action against KPMG has experienced another setback, after scheme administrator Grant Thornton flagged a potential conflict of interest in acting as a costs contradictor over Piper Alderman’s controversial $3.5 million legal bill.
Vocus Group’s energy brands Dodo and CovaU have promised to refund their customers after being been fined more than $50,000 by the consumer watchdog over allegedly misleading claims about percentage discounts on energy plans.
A group of Indigenous Australians opposed to Adani's Carmichael coal mine in Queensland has lost an appeal of a ruling dismissing a native title case against the $16 billion development.
A judge has refused to approve Piper Alderman's $3.5 million in legal fees charged for running a class action against KPMG, appointing Grant Thornton as contradictor and giving the auditor the ability to seek assistance from the court for any future disputes about the controversial bill.
A subsidiary of US mining giant Cleveland-Cliffs has won a fight to keep its counterclaim against a contractor alive in a dispute over the Koolyanobbing iron ore mine in Western Australia.
A settlement has been reached in the second of four St Patrick’s Day bushfire class actions filed by Maddens Lawyers, under which energy distributor PowerCor will be released of any liability and group members will walk away with nothing.