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Ashurst has lured a partner from Hall & Wilcox as the firm looks to expand its Sydney real estate team.
Like CFOs of yore, class action beauty parades push down law firms’ GCO profits
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A recent ruling cutting the contingency fee sought by a plaintiff law firm shows competition to run class actions will drive down the percentage payout courts are willing to permit. And as more firms enter the market for a slice of the returns, the downward pressure on profits will only build.
Star Entertainment directors, execs targeted in new ASIC action
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The corporate cop has named eleven current and former Star Entertainment directors and officers in a civil penalty case alleging breaches of duties in relation to the company’s non compliance with anti-money laundering laws.
Law firm drops ‘bombshell’, wants settlement in class action after running out of money
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A judge has described as “extraordinary” a law firm’s argument that the court should approve a $5.8 million settlement in an underpayments class action against the On The Run convenience store chain partly because it ran out of funds to take the case to trial.
Brittany Higgins settles claims against government
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Former Liberal staffer Brittany Higgins who accused former colleague Bruce Lehrmann of rape has settled her civil claims against the Commonwealth.
Dixon Advisory insurers lose bid to limit disclosure of plan details in class action
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Two Dixon Advisory insurers have lost a bid to limit the details of insurance policies handed over to a class action purported to worth $463 million, after a judge’s ruled the collapsed wealth manager should disclose its insurance for liability in the case.
Zoetis vaccine class action applicant can’t fight adverse costs after unsuccessful case
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A judge has found the applicant in a dismissed class action against animal health giant Zoetis is liable for the company’s defence costs in the case centering on alleged serious side effects of horse vaccine Equivac.
Court approves GCO in ‘junk’ insurance class action against Allianz
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A judge has signed off on a group costs order in class action against Allianz over add-on car insurance that will give plaintiff law firms Johnson Winter & Slattery and Maurice Blackburn no more than 25 per cent of any resolution in the case.
Home builder admits to unfair clause banning bad reviews by customers
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Property developer Fowler Homes has admitted that its standard contract included an unfair non-disparagement clause preventing customers from publishing negative reviews or other feedback without the company’s permission.
Banksia judge rejects recusal push by senior barrister’s wife
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Companies associated with the wife of disgraced senior barrister Norman O’Bryan can’t get a new judge to hear their battle against a third-party costs summons that would make them jointly liable for a $21.5 million judgment for investors in a class action over Banksia Securities’ collapse.