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The date has been set for a hearing in the second case to test the argument that judges lack power to make a common fund order when a class action settles, and the litigation funder challenging the argument can expect a sympathetic ear.
A former Gilbert + Tobin lawyer with over 20 years' experience advising clients in finance transactions has joined Squire Patton Boggs' as a partner in Sydney.
More than three years after filing a class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers over a $50 million prospectus, the applicant has asked a court to file a new statement of claim that will join insurer Dual Australia to the case.
Gilbert + Tobin has lured partner Orla McCoy from Clayton Utz to co-head the law firm's leading restructuring and insolvency team, strengthening the practice to over 18 core lawyers.
In a rare public statement, the NSW Supreme Court has sought to correct what it says are inaccuracies in comments by the state industrial relations minister contrasting it unfavourably with a proposed new court dedicated to workplace disputes.
Weeks after giving the thumbs up to common fund orders at settlement, the Full Federal Court has been asked to decide whether judges have power to order payment of a commission to class action solicitors -- not just funders.
Global law firm Kennedys has bolstered its insurance practice with the appointment of Clyde & Co's managing partner in Australia.
A former manager of stockbroking firm BBY Limited is the second senior employee to front court faced with criminal charges following the firm's failure.
Moo Premium Foods has agreed to remove claims from its yoghurt tubs that the packaging is made from 100% ocean plastic, following an investigation by the ACCC as part of the regulator's crackdown on greenwashing.
Optus has lodged an appeal of a judgment that found the teleco could not claim legal professional privilege to shield from a class action a report by consulting giant Deloitte into last year's major data breach.