Save (0) Please login to bookmark Close Username or Email Address Password Remember Me A self-described “vigilant lawyer against big companies” has attempted to make submissions regarding the costs incurred in the Sirtex shareholder class action settlement, with legal fees and funders’ commissions chewing up half of the $40 million settlement figure. Maurice Blackburn took…
Malaysia Airlines has reached a settlement with five Australian families whose loved ones were killed when flight MH17 was shot down over eastern Ukraine by a Russian missile five years ago.
Two lawyers that recently left the intellectual property boutique where they worked for a combined 40 years to set up their own firm are now facing a courtroom battle with their former employer.
An appeals court has dismissed a third attempt by directors of mortgage aggregator Connective Group to stifle a shareholder’s derivative lawsuit over a restructure that allowed the sale of 25 per cent of its business to Macquarie Bank.
AMP is a facing a second class action for allegedly charging excessive fees on more than two million superannuation accounts, setting up another potential class action beauty pageant.
A judge has fined an Aboriginal art and souvenir supplier a total of $2.3 million after ruling that the Queensland-based company, which is now in liquidation, misled consumers about the origin of its products.
We have been told for so long that the volume of class action litigation continues to increase at a rapid rate, thus requiring significant legislative intervention, that the title of this piece may (legitimately) prompt at least some readers to check if today is the 1st of April. But this is no April Fools’ Day prank.
Australian fresh fruit trader Red Rich Fruits has agreed to change potentially unfair contract terms that forced growers to provide credits for rejected fruit, amid concerns by the Australian Competition and Consumer Commission of widespread non-compliance in the industry.
A judge has refused to separately hear an application by a Clive Palmer-controlled company to wind up a time-share scheme at Queensland’s Palmer Coolum Resort, describing the bid as an attempt by the company to avoid making admissions about its conduct, which allegedly resulted in the “death of the resort”.
Facing cross claims by Pitcher Partners in two shareholder class actions alleging the accounting firm wrongly signed off on Slater & Gordon’s financial reports ahead of a share price nosedive, the law firm and its ex-directors say they relied on the auditor to ensure the veracity of the statements.
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