Maurice Blackburn is seeking a 33 per cent cut of any settlement in a class action against Sportsbet, arguing that law firms “doing well” for themselves by running class actions is an inherent feature of the contingency fee scheme.
A judge has made winding up orders against companies connected to Lion Property Group and allowed Victoria Police to access a confidential report from the luxury Melbourne developer’s provisional liquidators.
The judge in a class action against KPMG and ex-Arrium directors has made soft class closure orders, but chosen the longer period offered by the defendants, saying the risk of locking out unregistered members was no reason to pick an “unrealistically early” date to re-open the class.
A court has appointed provisional liquidators to Melbourne developer Lion Property Group after hearing that $120 million of investor money was not properly accounted for.
A class action against KPMG and former Arrium directors wants to wait for the High Court’s pending ruling on common fund orders before pulling the trigger on a group costs order, a request that earned a judge’s grilling for what she described as a hunt for greener grass.
A court has approved a $170 million settlement in a class action against Allianz, and has signed off on an order that gives the firms behind the case 25 per cent of the deal.
The Supreme Court of Victoria has been urged not to meddle with a 25 per cent group costs order in a junk insurance class action that settled for $170 million, in what would be the court’s second blessing of a law firm contingency fee.
The judge overseeing class actions against Uber has approved a $271.8 million settlement, which includes an $82 million deduction for the funder and $39 million for the firm that ran the cases.
Wealth manager Escada Partners has lost its lawsuit against two former partners who defected to rival LGT Crestone, with a judge finding a five-year non-compete clause was unreasonable.
The judge considering a $272 million settlement in class actions against Uber will appoint a pair of contradictors to advise her on the hundreds of objections lobbed against the agreement.