Please login to bookmark Close
Eight months after defeating a case brought by the prudential regulator alleging breaches of superannuation laws, wealth manager IOOF has escaped a class action without paying a cent to shareholders.
7-Eleven must hand over legal bills ahead of class action fight over security for costs
Please login to bookmark Close
A security for costs fight is looming in the two class actions brought against 7-Eleven on behalf of franchisees, and the convenience store giant, which claims it has spent more than double the security paid so far in defending the cases, must produce 900 pages of invoices ahead of the battle.
Litigation funding clampdown may go too far, experts say
Please login to bookmark Close
Litigation funders say they do not oppose the government’s plan to subject them to a licensing regime, but legal experts told Lawyerly the crackdown on funders may go too far too fast and could harm class action litigants.
Essential Energy loses bid to block preliminary discovery for potential class action
Please login to bookmark Close
Essential Energy has lost its appeal of a ruling granting preliminary discovery for a potential class action over the 2018 Tathra bushfire in New South Wales.
BP loses appeal of Hitler parody video ruling
Please login to bookmark Close
The Full Federal Court has dismissed BP’s appeal of a ruling by the Fair Work Commission that reinstated a worker who was fired for sharing a video clip that included subtitles placed over a scene from the movie ‘Downfall’ about Adolf Hitler.
High Court’s Chorley ruling applies to solo practitioners, court finds
Please login to bookmark Close
The High Court’s abolition of the so-called Chorley exception, which allowed self-represented lawyers to recover their own expenses, also extends to incorporated legal practices through which a sole practitioner operates, a court has found.
Client poaching allegations fly in Monsanto class actions
Please login to bookmark Close
A judge has rejected concerns about client poaching raised by the law firms involved in competing class actions against chemical giant Monsanto.
Spotless pays $95M to settle shareholder class action
Please login to bookmark Close
A $95 million settlement has been reached in a shareholder class action against facility services company Spotless Group, the largest settlement in a shareholder class action in two years.
Government announces crackdown on litigation funders
Please login to bookmark Close
Litigation funders will soon be brought under the current corporate licencing regime and subjected to greater regulatory scrutiny, an opening salvo by the Morrison Government in its latest probe into class actions in Australia.
Judge rejects GetSwift’s latest push to delay ASIC trial for a year
Please login to bookmark Close
Logistics company GetSwift and its directors have failed in a bid for a year-long delay of a trial scheduled to start next month in ASIC’s case alleging breaches of the Corporations Act, despite arguing that the procedural unfairness of a remote hearing gave the regulator a leg-up over the US-based company.