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Law firm gets interim $22.6M from J&J settlement, promises to return any excess
Shine Lawyers can deduct 50 per cent of its fees and all of its costs from a $300 million settlement in pelvic mesh class actions against Johnson & Johnson while a judge mulls whether the law firm's total bill is fair and reasonable.
Class action seeks court OK to drop case after teleco contractor fails
The applicant in an underpayments class action against telecommunications contractor Tandem -- which has been stayed since the company entered administration -- has asked a court to abandon the case.
ACCC casts doubt over claimed benefits of ANZ’s $4.9B Suncorp acquisition
The competition regulator has cast doubt on the public interest argument for the proposed $4.9 billion ANZ, Suncorp tie-up, saying Tuesday the nature, likelihood and extent of the touted benefits had not been substantiated.
Fraud charges against ailing Octaviar director dropped
Prosecutors have dropped its fraud case against the former chief financial officer of a unit of collapsed Gold Coast finance company Octaviar Investments, citing his poor health.
Albanese taunts ex-AG Christian Porter over team-up with Clive Palmer
Prime Minister Anthony Albanese has derided former Attorney-General Christian Porter for reportedly leading Clive Palmer’s $300 billion arbitration claim against the federal government.
Downer EDI faces class action threat over accounting irregularities
Downer EDI is facing a possible shareholder class action after the construction giant revealed accounting irregularities had caused it to overstate its revenue by as much as $40 million.
Tesla Australia director gets suspended sentence for insider trading
Tesla Motors Australia former director Kurt Schlosser has been given a suspended sentence for trading in shares of a lithium supplier based on insider information.
Shareholder class action targets Fletcher Building for ‘misleading’ FY17 forecasts
Shareholders have brought a class action in Australia against New Zealand-based Fletcher Building, alleging the company failed to disclose material information relating to its construction division.
The top litigation law firms of 2022
Lawyerly's Litigation Law Firms of 2022 racked up precedent-setting victories in a year that continued to see major developments in class action law.
David Jones, Politix to back pay workers $4M in agreement with FWO
Department store David Jones and men's fashion label Politix have admitted underpaying more than 7,000 employees and will back-pay the workers $4 million in wages and superannuation.