A settlement with directors in an investor class action brought over the collapse of advisory firm Linchpin Capital is in the interests of group members, a judge has said.
A judge overseeing a superannuation class action against two Westpac units that settled for $30 million has flagged the possibility of appointing a contradictor to examine the litigation funder’s claimed cut of the settlement, which includes a deduction of over $1 million to cover the costs of after-the-event insurance.
A judge overseeing five lawsuits seeking compensation on behalf of AFL players who allegedly suffered brain injuries has set the stage for a class action beauty parade, as one law firm flags a possible sixth action.
The Australian Federal Police will investigate concerns that restricted material produced during the criminal trial of accused rapist Bruce Lehrmann was leaked to select media outlets.
The judge weighing the legal costs sought to be deducted from a $300 million settlement in pelvic mesh class actions against Johnson & Johnson has questioned Shine Lawyers’ bid to make group members pay $32 million in interest incurred on a loan the firm took out at “credit card” rates.
A former PricewaterhouseCoopers client who is suing the accounting firm over the $88 million sale of wholesale food company Hudson Pacific to Retail Food Group in 2016 has agreed to keep a Melbourne property off the market, but the company has not ruled out a bid for security for costs.
A regional law firm has lost its bid to bar a former employee from opening a rival practice within a 50 kilometre radius of its offices while its case is ongoing, with a judge saying the case raised a “real issue” of reasonableness, especially in light of a lawyer shortage in the town.
Insurers Suncorp and AAMI have back-paid $32 million to thousands of employees who were underpaid over a period of almost eight years. The insurers will also make a $520,000 contrition payment to the Commonwealth as part of an enforceable undertaking entered into with the Fair Work Ombudsman. Suncorp underpaid over 15,800 employees between May 2014…
A judge has questioned an $11 million settlement in a class action against retirement village provider Aveo, resolving to appoint a contradictor and a costs referee amid a dispute between the plaintiff law firm and its litigation funder, which the court heard has “grave concerns” about the costs incurred in the case.
Cruise operator Scenic Tours has agreed to settle a long-running class action with travellers who were promised a “once in a lifetime cruise along the grand waterways of Europe” but were instead forced to take the bus, after almost ten years of litigation that went all the way to the High Court.