While law firms and barristers are bracing for work slowdowns due to the coronavirus, litigation funders told Lawyerly it’s business as usual for them.
A fair trial cannot be conducted in a virtual courtroom, the judge overseeing the criminal case against former NSW Labor ministers Eddie Obeid and Ian Macdonald has said in adjourning their hearing for five months.
Funding for a class action over the troubled Coolum Palmer Resort has been temporarily blocked while a company owned by Clive Palmer appeals a judgment in a separate lawsuit lodged by the billionaire to thwart the class action.
A liquidator who ‘provoked litigation’ must personally pay the costs of the proceedings brought by a creditor of defunct company Azmac because of his ‘unreasonable’ handling of the company’s liquidation, a court has found.
Fashion designer Victoria Beckham has lost her opposition to two trade marks owned by Sydney-based skincare company VB Skinlab, despite IP Australia finding the former Spice Girl’s VB marks have a reputation in Australia.
Seven West Media has filed a lawsuit against Bauer Media to compel the German company to complete its planned $40 million acquisition of the Australian media giant’s Pacific Magazines unit.
A former general counsel who claims she was sacked from AMP after raising concerns about the company’s fees for no services conduct has mostly succeeded in her bid for further particulars of allegations made in the company’s defence, including a claim that she called “tantamount to extortion”.
A barrister who represented the Commonwealth of Australia in a class action over the use of allegedly toxic firefighting foam has been appointed to the NSW Supreme Court, bringing much needed diversity to the male-dominated bench.
Pop star Katy Perry has won her bid to split up the trial in high-stakes litigation with a Sydney-based fashion designer over who owns the rights to the ‘Katy Perry’ name in Australia.
Herbert Smith Freehills is reducing partner profit distributions as part of cost-cutting measures in the face of uncertainty wrought by the coronavirus pandemic, and staff salary reviews have been postponed by six months.