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‘Most painful relationship I’ve ever had’: Law firm describes falling out with funder in BOQ class action
The law firm that represented elderly victims of Ponzi schemer Bradley Sherwin has told the government's class action inquiry of its “painful” relationship with the funder involved in the proceedings, which eventually saw the firm bow out of the case because of a conflict of interest.
Banksia class action funder admits court was misled on fees, says commission shouldn’t suffer
The litigation funder behind the class action over Banksia Securities' collapse has admitted it misled a costs consultant retained to report to the court on the reasonableness of the fees in the case, but says its commission should not take a hit as a result because the misconduct occurred after the litigation settled against Banksia's trustee for $64 million.
Administrators for fashion retailer PAS Group lose battle with landlords over rent
Administrators for The PAS Group have failed in their bid to have almost $1.4M in rent declared an unsecured debt in the event the fashion retailer goes into liquidation amid the coronavirus pandemic.
Norbrook appeals approval of Bayer’s animal antiseptic patent
Veterinary pharmaceutical company Norbrook Laboratories has filed court proceedings after a delegate of IP Australia tossed its opposition to a patent by Bayer New Zealand for a bovine antiseptic treatment.
ACCC denies acting on JPMorgan advice when sending cartel case to CDPP
A senior officer from the ACCC has rejected claims that the regulator took legal advice from immunity applicant JPMorgan before launching its high profile criminal cartel case against ANZ, Citigroup and Deutsche Bank.
AMP’s life insurance arm hit with class action over ‘inflated’ insurance policies
AMP Life has been hit with a class action alleging its financial representatives pushed inflated insurance policies onto 100,000 customers while knowing that better policies could be found through other providers.
Ruby Princess passengers file class action over coronavirus outbreak
Shine Lawyers has brought a class action in the Federal Court against cruise operators Carnival and Princess Cruise Lines over their handling of a deadly coronavirus outbreak aboard the Ruby Princess cruise ship that is linked to at least 20 deaths.
WorkSafe investigating HWL Ebsworth after COVID-19 outbreak
HWL Ebsworth, the law firm at the centre of a coronavirus outbreak, is facing an investigation by WorkSafe that could result in criminal charges for breaches of workplace health and safety laws.
Law firm doesn’t have to hand over client files for potential class action
A national law firm has dodged an application for access to the files of its current and former clients brought by lawyers investigating a possible class action over allegedly excessive legal costs in personal injury litigation.
ACCC accused of ‘slapdash’ decision to charge Deutsche Bank exec in ANZ cartel case
A former high-ranking Deutsche Bank executive charged with involvement in an alleged cartel agreement relating to a $2.5 billion ANZ share placement claims he was dragged into the case becaused of the "incredibly slapdash" methods of the ACCC.