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Top 10 class action settlements of 2025
Class action settlements hit major milestones last year, with the year’s largest settlements totalling $1.6 billion and one case resolving for a historic $548.5 million.
Construction PRO
A&O Shearman launches Aussie real estate practice with SPB partner
A&O Shearman has poached a Squire Patton Boggs partner to build a dedicated real estate practice in Australia.
Construction PRO
Jabiru can expand case over pulled finance for Australia’s first satellite
Defunct telecommunications company Jabiru Satellite can add new claims to its suit against major banks for withdrawing support for Australia’s first satellite, but it can't put on a case that the lenders were “shadow” directors.
Court OKs $59M settlement in rate-rigging class action against banks
A judge has signed off on a $59 million settlement in a class action accusing five banks of foreign exchange rate-rigging, while bemoaning the failure of successive attorneys-general to advance reforms clarifying the court’s power to make class closure orders.
A&O Shearman picks up leading Ashurst disputes partner
Global heavyweight A&O Sherman is expanding its disputes capacity in Australia, recruiting the head of Ashurst's Perth disputes practice.
Clayton Utz bolsters risk advisory team with hires from CBA, A&O Shearman
Clayton Utz has boosted the expertise in its risk advisory practice, hiring a trio of lawyers from CBA and A&O Shearman.
White & Case recruits M&A partners from A&O Shearman
Two mergers and acquisitions partners from A&O Shearman have made the jump to White & Case, joining the international firm's corporate team in Sydney.