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Albanese government welcomes class action funder’s defeat of MIS regulation
Class Actions 2022-06-17 10:48 pm By Christine Caulfield

The federal government said Friday it would consider the implications of an appeals court’s finding that the managed investment scheme structure was unsuited to class […]

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RIP MIS: Funders, lawyers hail end of ‘ill-fitting’ regime for class actions
Class Actions 2022-06-16 11:46 pm By Christine Caulfield

The ruling by the Full Federal Court that funded class actions are not managed investment schemes marks the end of an ill-considered regime enacted by […]

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Full Court finds class actions are not managed investment schemes
Class Actions 2022-06-16 10:43 am By Cindy Cameronne

In a significant victory for litigation funders, the Full Federal Court has found that funded class actions are not managed investment schemes subject to regulatory […]

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Judge approves Blackstone’s takeover of Crown Resorts
Corporate 2022-06-15 12:37 pm By Sam Matthews

A judge has given his approval to the takeover of Crown Resorts by US private equity group Blackstone. In a hearing before Federal Court Justice […]

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Mayfair’s James Mawhinney agrees to steer clear of IPO Wealth investors
Class Actions 2022-06-10 3:41 pm By Cindy Cameronne

Mayfair Group’s James Mawhinney has given an undertaking to not contact group members in a class action against a trustee of the collapsed IPO Wealth […]

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Class action settlement with IPO Wealth trustee ‘a lot less’ than investors’ claims, court told
Restructuring & Insolvency 2022-06-02 6:30 pm By Cindy Cameronne

Investors in Mayfair Group’s collapsed IPO Wealth Fund stand to recoup “a lot less” than their alleged $67 million in losses from a settlement in […]

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Aveo class action judge appoints first-ever amicus in fight over opt-out notice
Class Actions 2022-06-02 3:49 pm By Cindy Cameronne

A judge overseeing a class action against retirement home provider Aveo Group has appointed an amicus curiae for what is believed to be the first […]

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MIS regime ‘just cannot work’ for class action funding arrangements, court told
Class Actions 2022-05-25 10:46 pm By Christine Caulfield

A litigation funder challenging a decision underpinning recently enacted rules that require class actions to be registered as managed investment schemes told an appeals court […]

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Trendy neoprene handbag not entitled to copyright protection, Full Court finds
Intellectual Property 2022-04-20 6:08 pm By Sam Matthews

An Australian designer of a trendy neoprene handbag sold at high-end department stores has lost an appeal which challenged a judge’s finding that its flagship […]

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Settlement reached in class action against trustee of collapsed IPO Wealth
Financial Services 2022-04-07 6:50 pm By Christine Caulfield

The trustee of Mayfair Group’s collapsed IPO Wealth Fund has reached an in-principle settlement in a class action alleging it misled investors, who lost $86 […]

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