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In ordering early registration for a class action against a Johnson & Johnson unit, which estimates its defence costs at over $22 million, a judge has said the "very expensive" process is appropriate.
A judge has granted Johnson & Johnson's bid for soft class closure in a class action over alleged ineffective cold medications, saying it would aid in settlement negotiations.
A judge has pushed out freezing orders against the former chief investment officer of failed investment firm Falcon Capital, dismissing the excecutive's complaint that he was leaning on friends to pay bills.
A former director of defunct Falcon Capital has won a fight with ASIC over a proposed travel ban extension, following an emotional plea to a court in which he claimed to be a whistleblower.
A self-represented former director of the defunct Falcon Capital has told a court he has emails that clear him of claims by ASIC, but the corporate regulator said the documents may contain privileged information.
A retired Northern Territory judge faces allegations of sexual harassment by a former associate after failing in his challenge to a decision allowing the complainant to proceed with the case, filed more than a decade after the alleged conduct.
The litigation funder that backed a recently settled shareholder class action against the directors of collapsed mining company CuDeco and KPMG will seek a 35 per cent cut from the settlement.
ASIC has raised the prospect of criminal charges linked to the Shield Master Fund, after bringing civil penalty proceedings alleging up to $530 million in retirement savings was used for unauthorised purposes.
A judge has approved a $120 million settlement in a class action against AMP that followed the banking royal commission, saying while it was a “very disappointing outcome” for group members it was still fair and reasonable.
Construction PRO
Investors in Falcon Capital's First Guardian Master Fund will recover less than 10 per cent of a $33.5 million loan advanced to an inexperienced Melbourne developer, under a settlement reached by the company's liquidators.