Judge predicts companies will try to block team-ups by class action firms

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A Federal Court judge has predicted class action defendants will start arguing law firms cannot cooperate in running class actions, after a different judge hearing a case against Google recently remarked that such arrangements could be anti-competitive. 

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Class action expert concerned about ‘spike’ in contingency fees

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A class actions expert has found there has been a spike in contingency fee rates in Victoria over the last two years, expressing concerns that the regime enacted in 2020 may be going in a different way than intended. 

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BlueScope loses appeal in ACCC’s attempted price-fixing case

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An appeals court has dismissed BlueScope Steel’s challenge to a decision finding it engaged in attempted price-fixing and was on the hook for a record $57.5 million penalty.

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Contingency fee of 33% justified in novel Sportsbet class action: judge

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A judge has approved a 33 per cent group costs order in a class action against Sportsbet, saying the relatively high rate was justified by the risks of running the “relatively novel case”, which seeks repayment of gambling losses stemming from allegedly unlawful services.

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Appeal fails in attempted bid-rigging case over National Gallery tender

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Industrial technology company Delta Building Automation has lost its fight over a finding that it attempted to rig a bid for construction work on the National Gallery of Australia and must pay a $1.5 million penalty.

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Builder in Keystone suit says expanding freezing orders may affect payment of Corrs’ fees

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An ex-Keystone director has raised concerns that expanding a freezing order over his assets would impact his ability to pay his solicitors at law firm Corrs Chambers Westgarth.

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Failed construction company director owes liquidator $10M, court says

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A court has ordered the de facto director of failed construction company Trinco to pay its liquidator $10 million, finding that the builder had been trading while insolvent since 2018.

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Court blocks examinations over Ray White loans to failed developer

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Ray White has secured a stay of examinations of its employees, as a creditor of FSM Development investigates claims the real estate agency’s loan agreement with the collapsed Sydney developer was uncommercial.

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