Most Recent
A judge has denied a law firm's bid to stay a rival's closed shareholder class action against construction giant Boral but warned courts must be alive to the potential for conflicts where lawyers stand to reap "very significant financial awards" from class action proceedings.
GetSwift has reached an agreement to settle a shareholder class action accusing the logistics company of misleading statements over contracts, avoiding a trial that was set to begin in two months.
Global resources giant BHP Group is seeking special leave from the High Court to appeal a ruling that rejected its bid to exclude foreign investors from a shareholder class action over the 2015 Fundao dam disaster.
After winning a three-way contest to lead a shareholder class action against construction giant Boral, Maurice Blackburn is seeking to stay a competing class action by Phi Finney McDonald that was allowed to continue as a closed class action.
The Australian Federal Police executed a search warrant on the Sydney office of technology company Nuix, which is now facing the threat of at least three class actions over disclosures concerning its $2.9 billion float, one of which is now well advanced.
A part-time gig while at university provided the inspiration for Phi Finney McDonald director Odette McDonald’s impressive career, marked by groundbreaking cases and big wins for mum and dad investors in class actions.
Labor Senator Deborah O'Neill has taken a swing at ASIC commissioner and former Macquarie general counsel Cathie Armour for failing to act on concerns raised prior to the $2.9 billion IPO of embattled technology company Nuix, which led to a $580 million payday for shareholder Macquarie.
To those who know Tim Finney as the talented solicitor who helped launch a successful law firm at the age of 34, it might come as a surprise to learn that the Litigation Rising Star once had a paying gig as a music journo meditating on, or grappling with, in his own words, “the eternal difficulty of capturing how the sound of sound affects us”, and other things ineffable.
GetSwift is opposing a bid by the lead shareholder in a class action to rely at an upcoming trial on evidence given by overseas witnesses in last year’s hearing in ASIC’s case, and its resistance could force the class to bring a separate case in the US to compel fresh testimony, a court has heard.
Global resources giant BHP Group has lost an appeal in its fight to exclude foreign investors from a shareholder class action over the 2015 Fundao dam disaster, after arguing the class action regime applies only to those in Australia.