Class Actions

Law firm with higher contingency fee prevails in Paladin class action contest

The firm wants a bigger slice of any recovery in its case against Paladin Energy, but its clearer funding arrangement and realistic litigation budget give it the edge over a rival class action outfit, a judge has found.

Business of Law

Leading class action lawyers among 21 new silks in Victoria

Twenty-one barristers in Victoria have won the title of senior counsel, including two class action lawyers from opposing sides of the bar table who have been involved in negotiating recent blockbuster settlements.

Employment

FWO may revise Super Retail underpayments suit after Coles ruling

The Fair Work Ombudsman is considering amending its underpayments case against Rebel Sport owner Super Retail Group, following a significant ruling in underpayments proceedings against Woolworths and Coles.

Employment

Ex-Webjet lawyer was axed after questioning CEO’s resume: suit

The former chief legal counsel of online travel agency Webjet is suing her former employer, claiming she was  bullied, excluded from work and eventually sacked after raising concerns about the work history of its CEO.

Class Actions

‘Nothing to do with us’: ESSSuper board hits back at $40M class action

The board administering the ESSSuper fund, which is facing a class action alleging it miscalculated the entitlements of transport shift workers in Victoria, has denied any liability, saying it was not involved in determining how entitlements were calculated.

Cryptocurrency

Blockchain Global director can’t leave country amid ASIC probe

Court orders have been issued barring a director of cryptocurrency exchange operator Blockchain Global from travelling outside Australia while the corporate regulator investigates the collapse of the exchange.

Policy and Regulation

Lawyers welcome vicarious liability law reform after High Court decision

In response to a High Court ruling giving the Catholic Church an out for the actions of its priests, Victoria has vowed to introduce legislation to extend the vicarious liability of institutions, a move welcomed by plaintiff law firms.

Investigation

WiseTech office raided in probe of Richard White share trades

WiseTech's Sydney office has been raided by federal police and the corporate regulator as part of an investigation into share trading by its billionaire chairman and founder Richard White and three others.

ASIC

ASIC, eToro settlement falls through in novel CFD case

Trial has kicked off in ASIC's first-ever design and distribution suit over high-risk contracts for difference, after an in-principle agreement reached with investment company eToro fell through.

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