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Liquidators for collapsed steel and mining giant Arrium have successfully appealed a court ruling permitting the examination of a former director for a possible shareholder class action, with the Court of Appeal for the NSW Supreme Court finding the "private nature" of the claims was an abuse of process.
The law firm slammed by the Full Federal Court this week for its conduct in the Malaysia Airlines class action has apologised to the family unknowingly shut out of the class action, and has stood down the lead lawyer in the case.
The parents of an Australian national who was killed aboard Malaysia Airlines flight MH17 have successfully appealed a decision blocking them from participating in the settlement of a class action, with an appeals court judge describing as "disturbing" the conduct of their legal team in the group proceeding.
A judge has rejected claims by Gladstone Ports Corporation that security for costs in a $100 million class action by commercial fishing operators should not be paid through a London-based insurer because of the impact of Brexit and COVID-19.
More law firms may soon be targeted in a lawsuit brought by defunct financial advisor Dover Financial alleging three law firms provided negligent advice concerning an inaptly titled 'client protection policy', which a judge recently found was "highly misleading" and "an exercise in Orwellian doublespeak".
The Full Federal Court has slammed as "disgraceful" the handling of a class action claim by the family of an Australian national who was killed aboard Malaysia Airlines flight MH17, as the family appeals a decision that blocked them from participating in the settlement of the proceedings.
A law firm with a global footprint is facing a possible breach of trust lawsuit in relation to $27 million it held as security for costs in an international arbitration.
Piper Alderman will spend the next six weeks gathering documents for a former partner who is seeking to revive her unlawful discrimination case against the firm, but a court limited the categories of documents sought to prevent a 'fishing' expedition.
A court has upheld two decisions by the Australian Government Takeovers Panel that a bid by asset manager Aurora Funds Management to replace Molopo Energy's directors was made in "unacceptable circumstances".
Defunct financial adviser Dover Financial has sued three separate law firms for allegedly negligent advice over a 'client protection policy' that the Federal Court found was misleading, deceptive and an "exercise in Orwellian doublespeak".