A judge has approved funding terms in a shareholder class action against facility services company Spotless Group under which the funders will get no more than 25 percent of any net settlement or judgment.
Lawyers for a shareholder class action against Crown Resorts have won their hard-fought battle to question ex-employees about the casino giant’s thwarted business in China, with a judge ruling Wednesday there would likely be a “serious adverse effect” on the administration of justice if they weren’t free to give evidence ahead of trial.
A judge has signed off on common fund application in a consumer protection class action against mortgage lending and investment firm RMBL Investments under which the funder will earn a 30% cut of any resolution amount if the case drags into September.
The litigation funder backing a consumer protection class action against mortgage lending and investment firm RMBL Investments will earn a step-up commission of 30% if the case continues into September, according to a proposed common fund order.
The battle over competing shareholder class actions against logistics tech company GetSwift is over, with the High Court rejecting a bid by one of the losing class action applicants to take another look at their case.
A judge has scheduled a two-day hearing to hear a dispute between investment group Caason Investments, a lead applicant in a shareholder class action against defunct laser technology company Arasor that settled last year for $19.25 million, and Singapore-based litigation funder International Litigation Partners over personal costs allegedly owed to the investment group under a “secret” side agreement.
Two Adero Law-led class actions against Hays Specialist Recruitment and Stellar Personnel have been put on hold amid a looming Full Court appeal by Workpac which is expected to clarify the definition of casual work in Australia.
A judge has called for an expert panel in a shareholder class action against life sciences company Sirtex related to sales of its liver cancer treatment that is headed for trial in May. Federal Court Justice Bernard Murphy ordered that the expert conclave between economic expert for the class, Gregory Houston, and Sirtex expert John…
A proposed 90-day standstill that gives law firms time to file competing class actions without rushing to court has garnered support from multiple Federal Court judges, and could be adopted as part of new protocols being considered, one judge said Friday.
Responding to a judge’s criticism of the class action “beauty parade”, two rival law firms have come up with a plan to deal with their competing shareholder class actions against Brambles.