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Law firm shaves 0.5% off payout in second go at class action contingency fee
Maurice Blackburn has had a second crack at a group costs order in three class actions against banks over alleged flexible commission schemes after a judge in 2021 rejected what was then the first-ever application for a contingency fee.
$192.5M oil spill class action settlement gets nod, but firm’s cut to be decided
A judge has approved a $192.5 million settlement in an oil spill class action on behalf of Indonesian seaweed farmers, but the slice for the law firm running the action and its litigation funder remains to be determined amid allegations of negligence by the former lead applicant in the case.
ACCC loses appeal in ‘fanciful’ NSW Ports competition case
The Australian Competition and Consumer Commission has lost its challenge to a decision that tossed its case alleging NSW Ports stymied competition when it signed a 50-year agreement with the state to privatise two ports. 
Herbert Smith Freehills launches international arbitration hub in Melbourne
Herbert Smith Freehills has launched an international arbitration hub in Melbourne to service the firm's clients along the Asia-Australia corridor.
Full Court urged to toss ASIC’s ‘fatal’ appeal in CBA conflicted remuneration case
The Commonwealth Bank of Australia has urged the Full Court to toss ASIC's challenge to a decision dismissing its conflicted remuneration case over the bank’s sale of its Essential Super product, saying the appeal suffered from “fatal” flaws.
Sparke Helmore wins reversal of $285,000 negligence judgment
An appeals court has thrown out a $285,000 negligence judgment against Sparke Helmore over two sales contracts worth $1.5 million and rejected a NSW developer’s attempts to squeeze the law firm for a heftier damages bill.
More criminal charges filed over $180M Courtenay House Ponzi scheme
A third individual has been hit with criminal charges in relation to collapsed investment management fund Courtenay House, which ASIC alleges was run as a $180 million Ponzi scheme.
Appeals court asked to decide if GCO can ‘travel’ in Arrium class action
A judge has referred to an appeals court the question of whether a group costs order can "travel", as KPMG continues to push to transfer a shareholder class action over the collapse of mining company Arrium to New South Wales.
TFS pelvic mesh class action reaches partial settlement
A class action filed on behalf of women injured by allegedly defective pelvic mesh products has reached a settlement with the insurer of defunct device maker TFS Manufacturing.
Kingston Reid hit with employment suit over ‘routine’ bullying
Employment law firm Kingston Reid has been hit with Fair Work proceedings by a former paralegal who says the firm ignored her complaints about “ongoing bullying and humiliation” and fired her because she became pregnant.