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The law firm behind a class action against Origin Energy wants a 35 per cent contingency fee, arguing that a string of defeats in shareholders cases has “accentuated the uncertainty and complexities” of proving loss.
The law firm running a shareholder class action against WiseTech is seeking a group costs order that would give it a 35 per cent cut of any settlement, arguing the relatively high rate was justified by the risks of running the case.
BHP has pushed back on reply submissions in a shareholder class action which the energy company says mistakenly interpret an internal report as putting the risk of collapse of BHP's wastewater dam in Brazil at 25 to 50 per cent.
Legal experts say climate-related litigation will continue -- and even increase -- despite a judge's dismissal this week of a class action by Torres Strait Islanders alleging the government was negligent in failing to protect them from the harmful effects of climate change.
A judge has found that the government owes no duty of care to Torres Strait Islanders to protect them against the effects of climate change, despite finding that there was a very real risk they could become “climate refugees”.
A judge has approved a $43 million settlement in a class action action alleging Noumi misled investors about its inventory, including a 22 per cent group costs order to be split between the two law firms that ran the case.
A judge has urged the Northern Territory public housing authority and a discrimination class action to seek the court's assistance instead of resorting to lengthy correspondence as they "lock antlers" over discovery and factual matters.
The judge overseeing two competing class actions against Google has issued a warning to law firms that agree to team up and work on a class action together, saying that in other markets such arrangements might be viewed as “something akin to a cartel”.
A fourth law firm is investigating a class action against Google for allegedly abusing its dominance in the market for online advertising.