A recent ruling cutting the contingency fee sought by a plaintiff law firm shows competition to run class actions will drive down the percentage payout courts are willing to permit. And as more firms enter the market for a slice of the returns, the downward pressure on profits will only build.
The corporate cop has named eleven current and former Star Entertainment directors and officers in a civil penalty case alleging breaches of duties in relation to the company’s non compliance with anti-money laundering laws.
Companies associated with the wife of disgraced senior barrister Norman O’Bryan can’t get a new judge to hear their battle against a third-party costs summons that would make them jointly liable for a $21.5 million judgment for investors in a class action over Banksia Securities’ collapse.
The Star Entertainment Group has been hit with a $100 million fine as part of disciplinary action by Queensland’s gaming regulator following the findings of a state review and a determination by the Attorney-General that the company is unsuitable to hold a casino licence.
The personal details of 130,000 Telstra customers were accidentally released in a privacy breach the result of a “misalignment of databases”, the telecommunications giant has revealed.
A law firm wants to challenge a court order that it play nice with a competing firm in a class action for investors against Blue Sky Alternative Investments and auditor EY.
Former Liberal staffer Bruce Lehrmann has retained defamation lawyer Mark O’Brien to mull legal action against media outlets over coverage of comments following an aborted rape trial.
Expanding their campaign to recoup alleged unpaid overtime pay for junior doctors, law firms Gordon Legal and Hayden Stephens & Associates have launched two new class actions against hospital operators.
Trial in the battle of the buns has begun, with McDonald’s laying out a case for why its rival’s Big Jack burger infringes its trade mark, and Hungry Jack’s firing back that consumers could not confuse its flame-grilled meal with the iconic Big Mac.
A litigation funder has abandoned its case seeking to prevent counsel retained by the lead applicant in the settled Montara oil spill class action from providing independent legal advice.