The funder that backed a class action against McMillan Shakespeare over ‘illusory’ car warranties, which settled for less than 20 per cent of the $47.6 million claim value, will seek court approval for a 30 per cent cut of the $9.5 million settlement.
The Federal Government has critised as “hopelessly defective” a lawsuit alleging it failed to disclose the impacts of climate change to investors in sovereign bonds, and the judge overseeing the matter has also raised concerns about the case.
Litigation funder Augusta Ventures has won its challenge to a landmark ruling that it pay $3.1 million in security for the costs of two Fair Work class actions it is financing on behalf of casual mine workers.
Australia’s peak legal body has repeated its calls for an integrity commission after allegations of sexually inappropriate conduct by two senior Federal Government ministers — including Attorney General Christian Porter — were aired Monday night on ABC’s Four Corners program.
The Australian maker of a trendy neoprene handbag sold at high-end retailers has lost a copyright lawsuit over alleged knockoffs, with a judge finding the tote was at most an “evolution in styling” and not a work of artistic craftsmanship with copyright protection.
The eyes of class action lawyers will be on the High Court Tuesday as it hears arguments over a judge’s power to choose a single class action among competing proceedings and what, if anything, should be made of a case’s funding structure and likely returns to group members when picking a winner.
The owner of Birds Eye frozen foods has agreed to change its ‘Made in Australia’ labelling on 31 frozen fish products after the ACCC raised concerns that the products may have breached the Australian Consumer Law’s Country of Origin provisions.
Two leading figures in the litigation funding industry come together amid an anticipated bump in the demand for litigation finance in the next decade, creating a new funder expected to be a “formidable force” in an increasingly competitive market.
A 59-year-old Qantas engineer who used his company-issued iPad to view pornographic material while at work has lost his unfair dismissal appeal.
The former company secretary and group general counsel of Freedom Foods has filed an unfair dismissal lawsuit accusing the food and beverage company of sidelining her in her role and making decisions that put her at risk of an ASIC investigation.
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