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Shine Lawyers has withdrawn an application to increase its payout from a class action against EML Payments, which has settled for $37.2 million.
The contingency fee rate sought by Shine Lawyers in its bid to vary a group costs order in a class action against EML Payments has been revealed as the percentage profit it initially proposed to a judge, who took an ax to it three years ago.
Shine Lawyers has come under fire from a judge, after the firm filed an application to materially vary a 24.5 per cent group costs order in a settled shareholder class action against EML Payments.
The applicant in a class action over a COVID-19 outbreak aboard the Ruby Princess is seeking an $8 million costs order against Carnival, after the cruise ship operator lost its challenge to a negligence finding.
Shine Lawyers has been hit with a negligence suit by a former client who says he lost the chance to recover damages in a personal injury case after the firm sued the wrong party.
The shareholder leading a class action against failed fund manager Blue Sky Alternative Investments has lost a bid for a split trial it accepted was novel, despite arguing the usual course for trials in securities cases was "misconceived".
A Federal Court judge has predicted class action defendants will start arguing law firms cannot cooperate in running class actions, after a different judge hearing a case against Google recently remarked that such arrangements could be anti-competitive.
A class actions expert has found there has been a spike in contingency fee rates in Victoria over the last two years, expressing concerns that the regime enacted in 2020 may be going in a different way than intended.
A judge overseeing a class action on behalf of 300,000 allegedly underpaid McDonald’s workers wants to know the monetary value of the claims, while also questioning why the initial trial in the complex case is set to run for 35 days.
A class action against Blue Sky Alternative Investments won't seek to transfer the case to contingency fee-friendly Victoria despite a High Court ruling that put the kibosh on solicitors' common fund orders.