Please login to bookmark Close
Class action funding arrangements that siphon off large percentages for commissions and legal fees are “unsustainable”, Federal Court Justice Michael Lee said Monday.
Bannister Law off Ford class action in wake of funder feud
Please login to bookmark Close
Bannister Law has withdrawn from a class action it filed against Ford over allegedly defective Powershift transmissions following a dispute between the firm and the litigation funder that’s backing the case.
Cash Converters to pay $16.4M to settle consumer class action
Please login to bookmark Close
Cash Converters has reached a settlement on the eve of trial in one of two consumer class actions alleging it engaged in unconscionable conduct by imposing high interest rates on short-term loans.
Domino’s, Precision Tracking lay down swords in battle over GPS patents
Please login to bookmark Close
Domino’s Pizza and Precision Tracking have reached a settlement on the eve of trial in a hard-fought battle by the US pizza giant to invalidate two of the Australian tech startup’s patents covering a GPS system that helps customers locate delivery drivers in real-time.
Vannin boss can’t escape cross claim by rival litigation funder
Please login to bookmark Close
The managing director of litigation funder Vannin Capital lost a battle to dismiss a cross claim brought against him by rival LCM in a case alleging LCM has misapplied funds in its trust.
Funder spars with judge as Westpac’s common fund challenge looms
Please login to bookmark Close
The litigation funder at the centre of a challenge by Westpac to the Federal Court’s power to make common fund orders faced a fiery judge in a tense exchange Friday, after it revealed it was weighing a bid to pause a class action against the bank until after the appeal.
NSW gov’t pans Sydney light rail contractor for case delays
Please login to bookmark Close
The New South Wales transportation regulator in charge of the Sydney light rail project says contractor Acciona Infrastructure is delaying a lawsuit over $1.2 billion in fees for the project by repeatedly ignoring requests for pleadings.
Qantas slammed for ‘ridiculous’ particulars request in Fair Work case
Please login to bookmark Close
A Federal Court judge on Friday called a request for particulars by Qantas “ridiculous”, during the first hearing in a case brought by mechanics alleging they weren’t pay allowances owed while working on assignment in Los Angeles.
Apotex settles patent suit over generic Lexapro
Please login to bookmark Close
Generic drug company Apotex has settled a patent infringement case brought by global pharmaceutical giant Lundbeck over its blockbuster antidepressant Lexapro.
ASIC defeats referee bid in AMP insurance case
Please login to bookmark Close
ASIC has successfully opposed a Federal Court judge’s push to appoint an independent referee in its case against AMP Financial Planning over alleged insurance churning.