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A law firm has lost a row with a former client over a pact to cap fees at $100,000, with a judge rejecting its claim the agreement was not binding.
A $3 million settlement in the shareholder class action against the directors of failed mining company Kagara has been approved, with a Federal Court judge saying the amount is fair and reasonable despite two-thirds of it going to the lawyers and funder that brought the case.
Eight former directors of failed mining company Kagara have settled a shareholder class action alleging they misled investors and falsified the company's accounting records, the Federal Court heard Friday.