An appeals court has shot down funder Augusta’s challenge to a decision that cut its commission in the Opal Tower class action, putting funders on […]
Senior restructuring and insolvency lawyers have welcomed a novel ruling that found a liquidator was entitled to claim his costs ahead of the preferred claims […]
In a novel decision, a judge has found that a liquidator is entitled to claim his āarguably disproportionateā costs ahead of the preferred claims of […]
The funder in the Opal Tower class action has appealed a judge’s decision to slash its commission for not disclosing proposed deductions from the settlement […]
Courts stepped up their scrutiny of class action settlements in 2022, with judges grappling with difficult issues such as funding commissions in employment cases and […]
A $13 million commission sought by the funder that bankrolled the Opal Tower class action is stalling settlement approval, as debate continues over whether the […]
The special purpose receiver acting for debenture holders of defunct Banksia Securities was right to reject a confidential settlement — believed to be for $10.6 […]
Although the settlement sum has not been disclosed, court documents in the Opal Tower class action reveal the litigation funder backing the case will seek […]
The corporate regulator has reprimanded a liquidator for āseriousā breaches of independence rules, and has directed the insolvency practitioner to refuse appointments until next year. […]
Australiaās oldest thoroughbred auctioneer William Inglis & Son waived legal professional privilege over advice from its solicitor Norton Rose Fulbright over contamination of land it […]