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Westpac is facing a class action over an allegedly dishonest car loan scheme that was eventually banned by the corporate regulator.
Hytera Communications has lost its latest attempt to adjourn an upcoming virtual trial in a copyright case brought by rival Motorola, despite concerns by the Chinese radio manufacturer that witnesses could be exposed to the coronavirus if forced to travel to give evidence.
The commission rates of litigation funders have come under attack on the first day of a parliamentary inquiry into class actions, with the CEO of funder Omni Bridgeway in the firing line over a $10.5 million cut of a recent $42 million settlement in a class action against milk supplier Murray Goulburn.
A hearing in the Federal Government's latest inquiry into class actions kicked off Monday with attacks on the credibility of one of the heads of Liberal think tank the Menzies Research Centre, who was excoriated by a Labor senator for providing "unsubstantiated" data from Herbert Smith Freehills that group members receive on average 39 per cent of class action proceeds.
The Victoria state government has launched reviews into the sexual harassment policies of its courts and tribunals and the law firms that provide services to the government, following allegations of sexual harassment against former High Court justice Dyson Heydon.
A judge has pushed off a heated contest between law firms vying to lead a shareholder class action against construction giant Boral for what could be a year as a landmark High Court challenge plays out.
The law firm slammed by the Full Federal Court this week for its conduct in the Malaysia Airlines class action has apologised to the family unknowingly shut out of the class action, and has stood down the lead lawyer in the case.
The first of four public hearings in the latest class action inquiry launched by the Federal Government begins Monday morning, and leading the line up of speakers is the 25-year-old spokesperson for a Liberal Party think tank that condemns the "super profits" of litigation funders.
A litigation funder's average rate of return on its investment in shareholder class actions was one of a number of factors weighed by a judge in approving a 25 per cent funding cut from the $42 million settlement in a class action against dairy cooperative Murray Goulburn.
Virgin Australia unsecured bondholders contesting the sale of the embattled airline to private equity firm Bain Capital have failed in their bid to access confidential transaction documents, but a judge has urged the administrators to communicate with the frustrated creditors.