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A sacked Myer executive has brought Fair Work proceedings against her former employer, seeking over $700,000 in compensation after she was allegedly unfairly dismissed for complaining about a general manager’s "belittling" conduct.
Senior restructuring and insolvency lawyers have welcomed a novel ruling that found a liquidator was entitled to claim his costs ahead of the preferred claims of company employees, but questions remain about the "potentially difficult" interaction between two conflicting priority regimes.
Former AFL player Gary Ablett Sr is the latest footballer to launch legal action against the league over injuries allegedly caused by multiple concussions sustained on the field.
According to a new report that details the highs and lows of litigation funder cuts in class action settlements, funders' returns have dropped considerably since contingency fees were introduced in Victoria.
Liquidators of Sargon Capital are pursuing a claim for $4 million against super trustee firm Diversa and are investigating potential insolvent trading claims against the collapsed fintech's directors.
The number of funded class actions in Australia has dipped in the two years since contingency fees were introduced in Victoria, but litigation funders are still important players in group proceedings, a new report shows.
Approved settlements in class actions since the regime was enacted are set to top $8 billion this year, according to a new report ranking the busiest litigation funders, which found most class action mega settlements were not funder backed.
The New South Wales Supreme Court has declined in popularity as a venue for class action litigation since contingency fees were introduced in Victoria, according to a new report.
While shareholder class actions have been the bread and butter of litigation funders, a new report has revealed the rise of shareholder class actions brought by lawyers without the backing of third-party funding, especially in contingency fee-friendly Victoria.
Last year saw the lowest number of new class action filings in Australia since 2016, according to a new report.