Most Recent
AMP's advice executive Jack Regan, the witness who aired the firm's fees-for-no-service dirty laundry at the Royal Commission, has retired, a day before five law firms compete to lead a class action over the scandal.
The two funders paying for a shareholder class action against facility services company Spotless Group want 25 percent of any net settlement or judgment in the case, a rate that mirrors the commission approved in a common fund order now at the centre of a constitutional challenge.
Blockbuster has lost another round in its case against a husband and wife franchisee that sold a store's assets to a competitor, with a court ruling the company could not sock the pair with the costs of its failed appeal.
A judge has adjourned an application by law firm Slater & Gordon for a common fund order in a class action against the Commonwealth Bank and its wealth management unit, amid two landmark challenges to the courts' powers to make such orders.
Adero Law is seeking to intervene in a Federal Court case against WorkPac over the rights of casual workers, arguing a class action it plans to bring against the labour hire firm should be heard first.
Murray Goulburn has told a judge it may seek to cap costs in two shareholder class actions that centre on a 2016 profit forecast revision, taking a page from the playbook of baby food maker Bellamy's.
Blasting the battle of competing class actions as a fight for the "commercial interests" of litigation funders not class members, a judge has called on lawyers for two shareholder actions against Brambles to settle the dispute themselves.
The NSW Supreme Court has approved a $44.25 million settlement of two class actions against the trustees of failed debenture issuer Provident Capital, including $12.8 million in legal fees for Slater and Gordon and $4.3 million for funder Litman Holdings.
Law firm Quinn Emanuel Urquhart & Sullivan will call in US experts to back up its proposed "step up" funding model as five law firms begin a high stakes battle to lead a shareholder class action against AMP.
Liquidators for failed labour hire business One Key Workforce are disputing a claim by the CFMMEU for wages owed to employees, saying the money should be given to them while they wind up the company.