The High Court has unanimously found the Federal Court has no power to allow solicitors to take a cut of a settlement or judgment in a shareholder class action against Blue Sky, saying it would be contrary to rules against contingency fees in NSW.
Food giant Goodman Fielder has secured a $10.5 million judgment in a case against a former employee.
A former Cornwalls client has brought proceedings over a $486,000 legal bill, claiming the law firm failed to provide updated costs estimates and did not disclose counsel rates while acting in a tribunal matter against a builder.
A construction company working on accommodation for Rio Tinto FIFO workers has won its bid to set aside a $1 million creditor’s demand by a subcontractor, with a judge finding the demand was an abuse of process.
The federal government’s National Reconstruction Fund has taken a $50 million stake in Gina Rinehart-backed lithium miner Liontown Resources.
With plans to transform it into a mixed-use estate, Queensland developer Vitale Property Group has partnered with Metrics Credit Partners to acquire a large-scale industrial site on the Gold Coast.
Acciona’s bid to acquire the $500 million East Rockingham waste-to-energy project in Western Australia is facing more uncertainty after the ACCC said it had paused its review of the proposal.
Gilbert + Tobin has strengthened its real assets team with the appointment of a partner recruited from global asset manager Blackstone.
A judge has spiked Piper Alderman’s class action alleging Google abuses its dominance in digital advertising, favouring a competing case run jointly by two other firms, despite suggesting such arrangements hinted at lawyers “passing the prize around”.
The High Court has upheld a decision that found Helensburgh Coal should have tried to redeploy 22 workers it dismissed as redundant and replaced with contractors.
For information on rights and reprints, contact subscriptions@lawyerly.com.au
