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Settlement approval in second Murray Goulburn class action could be ‘messier’, judge says
A judge has rejected a proposal to jointly hear argument for approval of settlements in two class actions against milk supplier Murray Goulburn, saying the issues in one case -- led by the legal team under scrutiny for alleged professional misconduct in a separate class action -- could be more complicated.
All eyes on High Court as ruling on common fund orders looms
The High Court is poised this week to issue its judgment in a case challenging the validity of common fund orders in class actions, a ruling that could see litigation funding commission rates creep back up after hitting record lows.
Bendigo and Adelaide Bank appeals loss of 20-year-old trade mark
Arguing the court was wrong to rule that its trade mark was not inherently distinctive, Bendigo and Adelaide Bank is challenging a judgment that revoked its 20-year-old mark for 'Community Bank'.
Ernst & Young denies it was negligent in goodwill review of Slater & Gordon’s Quindell deal
Accounting giant Ernst & Young, which has been dragged into two class actions by Slater & Gordon shareholders, has shot back at claims it was negligent in its 2015 audit report of the law firm's UK division, which included a review of the firm's disastrous acquisition of Quindell's professional services arm that found no impairment on the goodwill value of the deal.
Class actions get boost with contingency fees bill in Victoria
Plaintiffs lawyers running class actions in Victoria will be free to charge contingency fees under new legislation introduced by the Labor government this week, a move that will see a boost in class actions brought in the state and has prompted calls for the Federal Government to follow suit.
Funder’s cut, legal fees face scrutiny in second Murray Goulburn class action
The litigation funder financing the second of two recently settled shareholder class actions against Murray Goulburn will face similar scrutiny over its commission as the funder behind the first action.
Struggling tech firm Irexchange accused of misleading shareholders in new suit
Troubled retail technology firm Irexchange is accused of misleading shareholders through three different capital raising offers, according to a new Federal Court case brought by investors who sunk over $4.5 million into the company.
Judge quashes watchdog’s decision to probe AWU over GetUp! donations
An investigation into donations made to activist group GetUp! by the Australian Workers' Union more than a decade ago has been closed down by a judge, who has also ordered the return of documents seized in high-profile raids of the union's offices.
‘Pride and obstinacy’: Judge says Leyonhjelm got ‘locked’ into false claim, awards Hanson-Young $120,000
Greens Senator Sarah Hanson-Young has been awarded $120,000 in damages after suing former senator David Leyonhjelm, with a judge finding there was no justification for defamatory commments he made to the media and that he acted with malice.
Maurice Blackburn ignored Fearless Girl artist’s restrictions on replica, State Street says
Maurice Blackburn disregarded emails by the artist behind the iconic Fearless Girl statue questioning whether she would be breaching her contract with US asset management firm State Street in selling the law firm a replica, a court has heard.