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7-Eleven class action funder wins first-ever interim payment from settlement
Class Actions 2022-06-17 4:24 pm By Cindy Cameronne

A judge has granted a litigation funder for two franchisee class actions against 7-Eleven an interim payment to cover its costs ahead of a ruling on how much it can pocket from a $98 million settlement.

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Albanese government welcomes class action funder’s defeat of MIS regulation
Class Actions 2022-06-17 10:48 pm By Christine Caulfield

The federal government said Friday it would consider the implications of an appeals court’s finding that the managed investment scheme structure was unsuited to class actions, a ruling it said was a victory for ordinary Australians and a vindication for Labor.

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Legal privilege over jab mandate advice waived with counsel’s failure to object, court says
COVID-19 2022-06-17 9:57 pm By Sam Matthews

A judge has ruled that a senior Queensland police official waived legal professional privilege during cross examination, allowing the plaintiffs in a mandatory COVID-19 vaccination challenge to see legal advice about the jab direction by the Crown Solicitor.

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Salter Bros scores win in suit against former Hendry Group CEO
Corporate 2022-06-17 3:32 pm By Sam Matthews

Salter Brothers has won its lawsuit against former Hendry Group CEO Emma Hendry alleging the firm was misled into investing millions of dollars into the investment firm in 2019.

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‘Parlous situation’: Mascot Towers owners file court bid to sell troubled buildings
Construction 2022-06-17 4:51 pm By Cindy Cameronne

Owners of Sydney’s Mascot Towers are facing a “parlous situation” as they file an urgent court bid to sell the two buildings after $16 million was spent to repair structural cracks that made the apartments unliveable.

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Full Court finds class actions are not managed investment schemes
Class Actions 2022-06-16 10:43 am By Cindy Cameronne

In a significant victory for litigation funders, the Full Federal Court has found that funded class actions are not managed investment schemes subject to regulatory oversight, gutting the legal basis for reforms enacted by the Morrison government in 2020.

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Knives come out in Nuix class action beauty parade
Class Actions 2022-06-16 10:21 pm By Sam Matthews

A victor remains to be crowned following a heated beauty parade between competing class actions against tech company Nuix, with two law firms facing criticism for their “cumbrous” consolidation proposal and a third firm copping flak for its “opaque” financials.

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Judge signs off on consolidation in a2 Milk class actions
Class Actions 2022-06-16 11:34 pm By Cat Fredenburgh

A judge has allowed two law firms to jointly run a consolidated shareholder class action against dairy company a2 Milk, saying the arrangement was in the interests of group members and was “not novel”.

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‘Unsatisfactory state of affairs’: 7-Eleven class action funder wants $16.6M advance on payout
Class Actions 2022-06-15 4:49 pm By Cindy Cameronne

A litigation funder for two franchisee class actions against 7-Eleven has asked a court for a $16.6 million payout to cover its costs before a judge rules on how much it can pocket from a $98 million settlement.

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Judge allows QC’s $9,800 fee, says two barristers ‘not luxurious’
Business of Law 2022-06-15 7:17 pm By Cindy Cameronne

A judge has rejected a court-appointed costs assessor’s opinion that engaging a silk to fight an interlocutory application in a spat between two Queensland law firms was “plainly a luxury”.

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