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A judge has blasted the lack of progress in an investor class action against accounting firm PricewaterhouseCoopers and asset finance lender Axsesstoday over an allegedly misleading $50 million prospectus.
Ashurst has lured the founding partner of McCullough Robertson's employment and safety practice to expand its risk advisory offering amid increased regulation in the space.
A judge overseeing a security dispute in a shareholder class action against KPMG and former directors of Arrium has found that potential profits to the plaintiff law firm running the case under a group costs order is not relevant to determining the quantum of security for costs.
The question of whether judges have the power to hear employment cases as representative proceedings is headed to the Full Court after a union raised the issue as it battles to have its underpayments case against McDonald's run instead of a Shine Lawyers class action.
A judge is weighing up a law firm’s high legal costs against a union’s "bizarre" delay in a stoush over who should run a case against McDonald’s alleging 100,000 workers were denied rest breaks.
An appeals court has dismissed a challenge in a lengthy legal drama between the children of one of Australia’s richest families, finding that a lawsuit over $200 million in Lendlease purchase options was not brought in good faith.
The Albanese government will urge the court to shut down a Shine Lawyers-led class action against McDonald's for allegedly denying workers rest breaks and allow a similar $250 million case by the Shop Distributive and Allied Employees Association to proceed instead.
S&P Global is fighting bids to expand a class action alleging systemic defects in its ratings systems to a new type of complex financial product and to include allegations from a US Department of Justice case in a separate suit by two Cayman Islands-based companies.
The divisive issue of whether judges are empowered to make a common fund order to distribute the costs of a funding commission at the settlement stage of a class action is headed back to the Full Federal Court next week.
A law firm running underpayments class actions against Coles and Woolworths has sought orders forcing them to hand over contact details for key workers in the Fair Work Ombudsman’s parallel cases, which the supermarket giants lashed as likely to “cause chaos” in the proceedings.