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Westpac class action funder forgoes commission after running out of money
The cash-strapped litigation funder that initially agreed to bankroll a class action against Westpac over life insurance premiums will not earn a cent in commission under a proposed $30 million settlement.
Damages claimed in Takata airbags class action against VW ‘quite absurd’, court told
A class action trial against Volkswagen over recalled Takata airbags has kicked off, with a lawyer for the car giant denying the airbags carried a safety risk and attacking as “quite absurd” the sought-after damages of 30 percent of the initial price tag of affected cars.
FWC rules Deliveroo driver was employee, not independent contractor
In a victory for gig economy workers, the Fair Work Commission has found that a Deliveroo driver who was sacked for not working fast enough was an employee, saying the company's power to exert control over its workers with data collected through its app weighed in favour of a finding of that employer-employee relationship existed.
Ex-CFO sentenced to jail time for market manipulation
The former chief financial officer of delisted Traditional Therapy Clinics has been sentenced to one year and ten months in prison after pleading guilty to market manipulation charges relating to transactions intended to create an artificial share price for the traditional therapy clinic company.
EY resigns as Omni Bridgway auditor over class action conflict
Ernst & Young has resigned from its role as Omni Bridgeway's long-time auditor after determining a class action against it that's being backed by the litigation funder could threaten its independence.
Christian Porter’s lawyers accuse ABC of ‘improper’ allegations against silk
Lawyers retained by former attorney-general Christian Porter have accused the ABC of making "improper" allegations against Porter's counsel, who is facing calls for her to return her brief to act for him in defamation proceedings against the national broadcaster.
Baker McKenzie dragged into Chinese lender’s case against PwC over failed Aussie launch
Chinese lender Aoyin wants to join Baker McKenzie to its claims against PwC over a failed bid to launch the first Chinese bank incorporated in Australia, after advice documents from the law firm were uncovered in a last-minute privilege fight.
Aurizon accused of flagrant copyright infringement by software giant Dassault
Queensland rail operator Aurizon has been sued for breach of contract and "flagrant" copyright infringement for allegedly using software produced by French software giant Dassault without the necessary licence.
Shell wins appeal over deductions from WA gas exploration project
Fossil fuel giant Shell Australia has partially won a challenge to a tax office decision denying deductions claimed over an acquisition the increased the company's stake in Woodside Energy's Browse Basin gas exploration joint venture project.
Romeo’s employees to get corrected class action notice after ‘unauthorised’ communications
Employees of Romeo's will be sent a corrected opt-out notice in class actions against the supermarket chain after it emerged that the company's senior managers may have made unauthorised contact with group members about their participation in the proceedings.