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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
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.
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
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.
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.
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.
Wealth manager Escala Partners has failed in its bid to restrain two senior financial advisors who defected to rival Crestone from working in wealth management and soliciting its clients.