Mortgage broker Lendi Group and insurer ALI Group want to declass a junk insurance class action, telling a judge that even in a successful scenario, the more than 13,000 group members will be left to share only $2.5 million.
Two months after reserving judgment, an appeals court has allowed the Worley class action to reopen the case to offer its take on the relevance of the Full Court’s ruling last month in the CBA class actions.
A class action by investors in a Melbourne apartment develpment has resolved for $2.6 million, but the law firm bringing the case will take a haircut on its fees after group members ignored calls to contribute to the costs.
The Fair Work Commission will look into whether female graduate lawyers should receive a pay increase, as part of its review into gender-based undervaluation sparked by Albanese government reforms to the Fair Work Act.
The owners corporation suing Parkview Construction over alleged combustible cladding at the Australia Towers in Sydney Olympic Park is “hopeful” of a settlement being reached, a court has heard on the eve of trial.
Liquidators of collapsed Forge Group are close to settling their insider trading case against engineering and construction company Clough and former directors, a court has heard on what was to be the first day of trial.
A community group has filed a lawsuit over the government’s assessment of Santos’ Narrabri lateral pipeline, the latest challenge to the company’s $3.6 billion natural gas project in northern NSW.
A SOP Act adjudicator had power to determine that reasons proffered by a Queensland construction company for withholding payment to a concrete subcontractor were “new reasons” and not properly made, a court has found.
A leading corporate lawyer who advised on the $32 billion acquisition of Sydney Airport has made the jump to Ashurst from Herbert Smith Freehills Kramer.
The National Storage REIT will continue its partnership with Singaporean sovereign wealth fund GIC to invest in a second round of development assets, the ASX-listed trust said Wednesday.
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