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Crown Resorts challenges ruling allowing jailed employees to talk to class action lawyers
Class Actions 2019-05-24 2:25 pm By Cat Fredenburgh

Crown Resorts has appealed a ruling in a shareholder class action against it allowing 18 former employees, who were jailed as part of the Chinese government’s crackdown on gambling, to answer questions about its business in China.

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Judge questions redacted funder’s commission in IAG class action
Class Actions 2019-05-24 1:46 pm By Miklos Bolza

A judge has raised questions about a redacted funding agreement in a class action against two IAG units over allegedly worthless add-on insurance products, saying the details were needed for a swift resolution of the case.

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High Court declines funder’s appeal of $64M Banksia settlement approval
Appeals 2019-05-24 1:23 pm By Cat Fredenburgh

The High Court will not review an appeals court’s decision to approve a $64 million settlement in litigation over the failure of Banksia Securities while rejecting the funder’s commission and legal fees.

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Foxtel appeals ruling over Allens’ missed trade mark deadline
Intellectual Property 2019-05-23 10:51 pm By Cat Fredenburgh

TV giant Foxtel wants another shot at opposing a trade mark by telco China Unicom, after a judge let stand an IP Australia decision refusing to revoke the trade mark when law firm Allens missed a deadline for opposing the mark.

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Ex-Slater & Gordon solicitor axed for complaints about ‘unethical’ funding referral scheme, lawsuit says
Employment 2019-05-23 9:42 pm By Miklos Bolza

A former senior lawyer at Slater & Gordon has filed a lawsuit against his old employer, claiming he was fired after complaining about allegedly unethical practices within the firm.

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Geoffrey Rush awarded $2.9 million in defamation case
Defamation 2019-05-23 9:38 pm By Amelia Birnie

Actor Geoffrey Rush has been awarded almost $2.9 million in damages following his successful defamation case against Daily Telegraph publisher Nationwide News, as the court hears the newspaper ignored an offer to settle for $50,000 and an apology.

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“I’d be happy to mediate it myself”: Judge cheers talks in Fitch class action
Class Actions 2019-05-23 7:52 pm By Miklos Bolza

Parties in an ongoing four-and-a-half year long investor class action against Fitch Ratings have agreed to a second round of mediation after a prior attempt was adjourned without success.

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Judge signs off on $30M settlement in liquidator’s LM Investment case
Restructuring & Insolvency 2019-05-23 3:16 pm By Christine Caulfield

A Queensland Supreme Court judge has given the green light for a $30 million settlement of a liquidator’s case against failed financial services firm LM Investment Management, saying the result was appropriate and “a matter of some public interest”.

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No win, no fee funding model carries Maurice Blackburn to victory in AMP class action contest
Class Actions 2019-05-23 10:29 am By Christine Caulfield

Maurice Blackburn’s shareholder class action against AMP — the only action not backed by a litigation funder — has been picked as the winner in a fierce battle of law firms vying to lead a high stakes case over the wealth manager’s fees for no service scandal.

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VW dieselgate hearings postponed over ACCC objections
Class Actions 2019-05-22 10:11 pm By Miklos Bolza

A hearing scheduled for later this year in several class actions and an ACCC proceeding over allegations Volkswagen installed dual-mode software in diesel vehicles to cheat on emissions tests has been postponed, despite cries of prejudice from the consumer regulator.

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