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Unpaid Mills Oakley bill shows funder’s foe unable to pay, court told
The litigation funder facing a lawsuit by the applicant in a class action it financed is demanding security for legal costs because it says the applicant -- which is being chased by a law firm for more than $300,000 in fees -- may not be good for the money.
Funder sells interest in combustible cladding class actions for $20M
The litigation funder backing two combustible cladding class actions has sold a third of its investment in the cases to a player in the nascent secondary market for class action financing.
‘Welfare dependency’ relevant in age pension class action, court told
Fighting a class action that claims the age pension discriminates against Indigenous Australians because of differences in life expectancy, the Commonwealth says the rate of welfare dependency among Aboriginal and Torres Strait Islanders could impact the case.
First Indigenous judge appointed to Australian supreme court
Silk Lincoln Crowley has been appointed by the Queensland premier as the first Indigenous judge of an Australian supreme court.
MIS regime ‘just cannot work’ for class action funding arrangements, court told
A litigation funder challenging a decision underpinning recently enacted rules that require class actions to be registered as managed investment schemes told an appeals court Wednesday the decision was plainly wrong and the regime unworkable.
Insurer Bond & Credit Company points finger at Greensill Group
Insurer Bond & Credit Company has denied it owes damages over the collapse of the Greensill group, saying it issued a trade credit policy at the centre of four lawsuits because the supply chain financing firm concealed its risks and made fraudulent misrepresentations.
Clayton Utz lures environment partner from HWL Ebsworth
Clayton Utz has recruited lawyer Lucy Shea as a partner in the law firm's national environment and planning practice.
Class action reforms to expect from new Labor government
With the Australian Labor Party to form government after Saturday's election defeat for the Coalition, class action lawyers are looking forward to reforms that expand access to justice, enshrine the court's power to supervise costs and wind back Morrison-era legislation.
AEC fixes phone voting anomaly for COVID-positive voters after court threat
Availability of phone voting for the federal election has been extended for people isolating with COVID-19, following threatened legal action by high profile teal independent Monique Ryan.
Law firm’s tiered contingency fee in doubt in Beach Energy class actions
A judge deciding one of the first ever applications by a law firm for a percentage cut of a class action will have to determine whether Victoria's ground-breaking contingency fee legislation allows a group costs order to operate with a sliding percentage return.