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Slater & Gordon faces court challenge to Allegro takeover by small biz
A self-managed superannuation fund has taken Slater & Gordon to court to block the the acquisition of its shares in the firm as part of the plaintiff firm's takeover by private equity firm Allegro Funds, saying the 55 cents per share price is not fair and reasonable.
Greensill UK wins halt to cross-claims in cases over $1.7B collapse
Greensill Capital's UK division has won a stay of several lawsuits over the supply chain financing firm's $1.7 billion collapse, but an insurer has already flagged a bid to press on with its claims against the company.
Investigator wants evidence in Ben Roberts-Smith case, as Fairfax seeks costs from Seven, Stokes
The office of the special investigator wants access to evidence in Ben Roberts-Smith's failed defamation case, a court has heard, while Fairfax says it needs to see invoices from Herbert Smith Freehills to the soldier's financial backer, Seven chairman Kerry Stokes, in its bid for costs.
Firm with lowest contingency fee wins praise in Star class action beauty parade
As the knives come out in a contest between four law firms battling to run an $80 million class action against Star Entertainment, a court-appointed barrister has named his favourites – one of which has proposed a contingency fee of just 14 per cent.
Clive Palmer’s Mineralogy suffers loss in $4B spat with CITIC
Mining magnate Clive Palmer and his company Mineralogy have lost a bid to amend one of two cases that claim losses totalling $4 billion against CITIC after a judge found the amended claims would be “unfairly general”.
Out with ‘including’ and ‘such as’: Judge rips into pleading in Corelogic data scraping case
A judge has rejected an amended copyright case against US-based analytics company CoreLogic, expressing his displeasure at the use of imprecise phrases like 'including' and "such as' in the revised pleading.
Lawyer shielded by advocate’s immunity for omission of claim against builder: appeals court
An appeals court has held that a Sydney solicitor can't be sued for negligence for a failure to include a breach of contract claim in a building dispute, saying the lawyer was protected by advocate’s immunity because his decision was “intimately connected” with the litigation.
Monster Energy’s costs estimate in patent case ‘monstrous’, court told
An inventor who claims Monster Energy infringed his patent for laser etched pull tabs is fighting the beverage giant’s bid for $150,000 in security for costs, saying its estimates were "monstrous".
ASIC’s power to order fines for Credit Code violations won’t face challenge
Queensland lender SunshineLoans has lost its second bid for the Full Court to decide whether ASIC has the power to bring civil penalty proceedings for violations of the Credit Code, with a judge finding its arguments were not strong enough to vacate an upcoming trial.
No win, no fee model bashed in four-way fight to run Star class action
Three firms fighting for carriage of a $80 million class action against Star Entertainment say a group costs order would guard against ‘costs blowouts’ in the case and have urged a judge to ditch a no win, no fee proposal brought by fourth-to-file firm Shine Lawyers.