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VW carve-out settlement may become more popular as class action scrutiny heats up
The settlement arrangement resolving five class actions against Volkswagen, which carved out hefty legal fees from the $120 million payout to drivers, could become more prevalent as the spotlight is once again trained on the cost of class actions. But the approach is not without controversy, experts say.
Virgin administrators relieved of JobKeeper liability
Virgin Australia’s administrators will not be responsible of any overpayments of the JobKeeper allowance, which is currently being claimed on behalf of thousands of the embattled airline’s employees.
Court suppresses details of Grosvenor, Vannin co-funding agreement
A court has granted a request from Grosvenor Litigation Services, the funder that backed two class actions against Volkswagen over its emissions cheating scandal, to suppress the details of a co-funding agreement with Vannin Capital.
Virgin administration a billables bonanza for top firms
The Virgin Australia administration continues to boost billables at the top end of town, with a short list of “well-funded” buyers revealed on Monday and an intense four weeks ahead as the bidders and their law firms scramble to make binding offers by the mid-June deadline.
J&J won’t ask judge to recuse himself from pelvic mesh appeal
Medical device giant Johnson & Johnson has confirmed it will not seek the recusal of a Federal Court judge from a panel overseeing its pelvic mesh class action appeal, despite earlier raising concerns that he had seen privileged settlement communications.
COVID-19 sees Virgin administrators absolved of liability on unprecedented scale
The administrators of Virgin Australia have been absolved of personal liability for the ongoing operation of the embattled airline on an unprecedented scale, with Australia’s airline duopoly and the effects of the COVID-19 pandemic justifying the “extraordinarily wide” orders.
In a first, judge says High Court dealt CFOs a total knockout
A judge has found that the High Court's landmark ruling last year blocking common fund orders in the early stages of a class action also barred them from being made at the conclusion of a proceeding, departing from several recent rulings on common fund orders.
Judge greenlights law firm’s $43M payday in VW class actions
After almost five years before the courts, a judge has approved an approximately $120 million settlement of five class actions against Volkswagen over the diesel emissions scandal, including a "very substantial" $43 million in fees and disbursements for one of the plaintiffs firms.
Return-to-work anxiety looms for many lawyers
The prospect of returning to the office may be increasing levels of anxiety among some lawyers, who work in a profession rife with mental health issues that have only been exacerbated by the COVID-19 pandemic, according to an industry mental health manager.
Law firm should personally pay costs for individual pelvic mesh cases, judge says
A judge has found that the law firm behind a plethora of pelvic mesh lawsuits filed in multiple courts should be personally hit with costs for its "keystone cop-like conduct" in handling the proceedings, but has given the firm a week to convince him otherwise.