Industries

A judge has cut a 35 per cent contingency fee sought by a law firm running a shareholder class action against Origin Energy, even after a different judge approved the rate in a separate case by the firm.

Online trader Plus500 is seeking to stay a class action on behalf of investors who lost money trading in highly leveraged financial products, telling a court the applicant signed an agreement forcing the dispute into arbitration. 

A judge has signed off on Macquarie Leasing's settlement in one of three class actions against lenders over flexible commissions paid to car dealers.

JB Hi-Fi has lost its bid for a hearing on a separate question in a class action over allegedly worthless warranties, with a judge saying the novel question has not been considered by the High Court and could lead to appeals. 

A director at property developer Villawood can't shield instructions given to his Mills Oakley solicitor after a judge found he sought to use his lawyer to mislead the court.

Elanor Funds Management has recommended shareholders reject a $284 million unsolicited takeover bid by the Lederer Group, saying the price is “opportunistic” and materially undervalues the commercial property fund. 

A court has rejected a bid by a Hazelwood power plant contractor to pursue an offsetting claim for an alleged breach of confidentiality in response to a $1.7 million demand from a subcontractor.

A judge hearing a class action over the collapse of mining company Cudeco has questioned why, despite an in-principle settlement being reached with auditor KPMG, the parties have not sought to formally dismiss the claim. 

A heritage bid to protect Murujuga's rock art in Western Australia has languished with the environment minister for more than three years, a court has heard, leaving gas giant Woodside to continue to threaten the sacred spot.