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The Commonwealth Bank of Australia has launched a bid to stay a shareholder class action brought by boutique law firm Phi Finney McDonald after the firm retreated from a plan to consolidate its case with a competing class action run by rival Maurice Blackburn.
GetSwift has warned it may seek an injunction blocking Johnson Winter & Slattery from acting as instructing lawyers to the corporate cop in its enforcement action against the logistics company, saying the firm provided advisory work for it last year.
A state judge has ordered the litigation funders behind a group of federal class actions against AMP to pay the legal costs of their failed transfer applications, saying while he could not make the applicants pay, he could compel the funders to cough up the money.
The Commonwealth Bank of Australia wants a judge to ensure it doesn't get hit with double the cost for work defending two shareholder class actions brought by rival plaintiffs law firms.
The Australian Securities and Investments Commission has added to logistics provider GetSwift's legal woes, filing a lawsuit over the company's alleged failure to disclose material information to shareholders about contracts with clients such as Amazon and Yum! Brands.
A judge won't defer the opt-out notice in a shareholder class action against GetSwift pending the High Court's decision on a special leave application to revive a competing class action, saying the sooner the case settles the better.
Law firms Maurice Blackburn and Phi Finney McDonald have stepped back from a proposed consolidation of their class actions against the Commonwealth Bank of Australia and want to run their own cases again, but now with "harmonised" pleadings.
Deloitte is challenging a judge's ruling that certain partners not be excused from an order to produce files of the accounting giant's audit work for Hastie Group to shareholders in a class action over the construction company's collapse, its latest move after a failed attempt to persuade the judge that a rogue partner had taken the only copies of the files and refused to give them back.
Class action experts have come to the defence of boutique law firm Phi Finney McDonald as heavyweight Maurice Blackburn appeals a judge's ruling to choose the "less experienced" firm to lead a shareholder class action against BHP Billiton.
Maurice Blackburn has criticised a judge's decision to award carriage of a massive shareholder class action against BHP over the fatal collapse of a dam at its Brazilian mine to "less experienced" firm Phi Finney McDonald, lodging what is now the second high-stakes challenge to a ruling permanently staying a competing class action.