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Barrister who repped Mawhinney can act against him, but not in settlement talks
Restructuring & Insolvency 2023-03-22 8:59 pm By Sam Matthews

A senior barrister who represented Mayfair 101 founder James Mawhinney in mediation of two cases last year has been allowed to appear against him at a hearing in another dispute against a lender and two McGrathNicol receivers, but the silk wonā€™t participate in settlement talks.

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Claims of barrister’s ex-wife based on employment, not marital, relationship: court
Employment 2023-03-22 8:40 pm By Sam Matthews

A wife employed by her barrister husband can seek compensation for unpaid wages because the claim is based on their employment relationship not their marital relationship, a court has held.

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7-Eleven class action funder to appeal denial of CFO
Class Actions 2023-03-06 4:52 pm By Sam Matthews

A judge has approved a $12 million payment to the funder of two franchisee class actions against 7-Eleven, even as the funder plans to appeal a decision rejecting its bid for a common fund order for a $24.5 million commission.

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Saga of common fund orders ripe for return to High Court
Analysis 2023-02-15 10:16 pm By Christine Caulfield

The question of power to make a common fund order at the end of a class action was no longer a hypothetical one and it was time to send the issue to the Full Federal Court. That’s what the 7-Eleven class action judge was told 15 months ago but he failed to heed the advice, resulting in a court deeply divided and funders clamouring for reform.

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7-Eleven class action judge says CFOs never available, slashes funderā€™s payout
7-Eleven 2023-02-14 10:30 am By Cindy Cameronne

The High Court killed off all common fund orders, not just the kind sought at the start of a class action, a judge has said as he cut in half the payout for a litigation funder bankrolling two franchisee class actions against 7-Eleven.

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Law firmā€™s $16.6M payday OK’d over 7-Eleven class action contradictorā€™s protests
Class Actions 2023-02-14 11:55 pm By Cindy Cameronne

A judge has blessed a law firmā€™s $16.6 million legal bill for running two franchisee class actions against 7-Eleven despite a contradictorā€™s argument that it had a ā€œtroublingā€ practice of deferring its fees to benefit the funder that bankrolled the cases.Ā 

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Class action settlements that came under fire in 2022
Class Actions 2023-01-25 11:21 pm By Cindy Cameronne

Courts stepped up their scrutiny of class action settlements in 2022, with judges grappling with difficult issues such as funding commissions in employment cases and whether settlements, even those worth hundreds of millions of dollars, were fair to group members.

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A ‘sorry history’ of non-compliance: Judge tosses underpayments class action
Class Actions 2022-11-15 11:29 pm By Christine Caulfield

A judge has thrown out an underpayments class action against NSW not-for-profit Life Without Borders for failure to advance the case with due diligence and slapped the lead applicant with costs for his “unreasonable” acts during the course of the proceeding.

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Liberty Financial appeals partial victory for ATO
Tax 2022-11-09 10:33 pm By Cat Fredenburgh

Liberty Financial unit Minerva has challenged a judgment that found two schemes it carried out were done with the primary purpose of securing a tax advantage.

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ANZ cops $25M penalty for short-changing half a million Breakfree customers
Financial Services 2022-10-26 12:14 pm By Christine Caulfield

A judge has hit ANZ with a $25 million penalty in a case by the corporate regulator that alleged the bank short-changed hundreds of thousands of customers to the tune of $200 million.

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