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Origin class action ‘unviable’ if law firm stuck with 30% GCO, court told
The law firm running a class action against Origin Energy has argued the case is “financially unviable” if it is stuck with a 30 per cent contingency fee ordered by the court, in the first-ever application to vary a group costs order.
Court to hear class action firm’s novel application to vary GCO rate
A judge will appoint a contradictor to weigh in on a class action's novel bid to vary the rate of a group costs order, just two months after the court approved a lower rate than was sought by the firm that's running the case.
Two barristers can grill witness in $30M Pact Group payout case
Packing giant Pact Group, owned by billionaire Raphael Geminder, has won its bid to have two barristers cross-examine an expert for logistics and supply chain company TIC Group when their dispute over a $30 million earn out payment goes to trial in December.
Class action law firm not so lucky in second bid for 35% contingency fee
A judge has cut a 35 per cent contingency fee sought by a law firm running a shareholder class action against Origin Energy, even after a different judge approved the rate in a separate case by the firm.
Construction PRO
Southbank tower developer seeks stay in Crown Group’s suit over stalled project
Developer Infinity wants to stay a case by liquidators of collapsed developer Crown Group seeking to sell the land for their stalled joint venture for a residential tower in Melbourne’s Southbank.
Failed MLC class action can’t peek at settlement deed in resolved case
The applicant in a failed class action by members of NAB's MLC Super fund can't access a settlement deed in a separate class action against the fund trustee, which resolved days after the applicant's case was thrown out.
Construction PRO
Icon fights Citta Group’s bid to vacate trial over alleged $1.2M debt
Building company Icon is fighting developer Citta’s application to vacate the hearing of its claim to $1.2 million for consulting work on a Victorian state project, rejecting the developer’s claim it was ambushed by a new defence.
Second highest contingency fee wins OK in class action against FleetPartners
Previously noting the rate was "well outside the median range", a judge has made an order granting the second highest contingency fee to a law firm running a shareholder class action against vehicle company FleetPartners Group, saying he was satisfied the group costs order was appropriate and necessary.
‘Well outside the median range’: Judge questions GCO rate in FleetPartners class action
A judge has expressed concerns about the plaintiff’s proposed group costs order rate in a shareholder class action against fleet management company FleetPartners, saying the purpose of the GCO regime was to lower costs to group members.