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Travelex faces $1.3M lawsuit by former managing director
Christopher Murdoch March 4, 2019 4:00 pm By Miklos Bolza

A former managing director at global foreign exchange giant Travelex has filed a lawsuit against his former employer, seeking over $1.3 million in compensation and […]

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Common fund rulings a boon for class action litigation funders, experts say
Analysis March 1, 2019 9:37 pm By Christine Caulfield

Two rulings Friday keeping alive the common fund order are a ringing endorsement by the courts of the important role that litigation funders play in […]

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Judges have the power to issue common fund orders, appeals courts rule
Class Actions March 1, 2019 8:59 pm By Miklos Bolza

Common fund orders in class actions are legal and not unconstitutional, six judges found Friday after a history-making joint sitting of two appeals courts. With […]

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KPMG lures top-flight laterals for growing law team
People In The News March 1, 2019 9:50 pm By Cat Fredenburgh

KPMG has snagged heavy-hitters from Norton Rose Fulbright, Clayton Utz and Herbert Smith Freehills for its growing legal services team, adding strength to its financial […]

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Litigation funders slugged with cost of jurisdictional battle over AMP class actions
Class Actions February 27, 2019 9:21 pm By Miklos Bolza

A state judge has ordered the litigation funders behind a group of federal class actions against AMP to pay the legal costs of their failed […]

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Westpac unit RAMS breached franchise agreement, court finds
Franchise February 27, 2019 6:11 pm By Miklos Bolza

Westpac-owned mortgage lender RAMS Financial Services breached a franchise agreement by failing to supply a Brisbane-based franchisee with information about nearby broker-originated customers, a judge […]

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Lawyers, funders brace for landmark common fund ruling this week
Analysis February 26, 2019 9:39 pm By Christine Caulfield

Judgments in two appeals challenging the legality of common fund orders issued by courts in class actions will be handed down this week, and the […]

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ACCC’s Sims says more cartel cases are coming
Competition & Consumer Protection February 26, 2019 8:49 pm By Miklos Bolza

The ACCC his hinted at what could be a record year for competition matters, with ACCC Chairman Rod Sims vowing to refer more cartel investigations […]

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NAB wasn’t powerless to alter credit card insurance policies, class says
King & Wood Mallesons February 26, 2019 9:47 pm By Cat Fredenburgh

The lead plaintiff in a class action alleging National Australia Bank pushed worthless credit card insurance onto its customers is disputing the bank’s claims that […]

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Judge makes ‘irresistible’ order that Pitcher Partners pay $3.3M in costs over hidden error
Financial Services February 25, 2019 2:13 pm By Christine Caulfield

Pitcher Partners just found another reason to challenge a ruling that it owes $5.6 million in damages for concealing an accounting error from a client […]

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