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‘Haircut’ by law firm, funder in Forge class action settlement appropriate, judge says
Class Actions 2019-12-16 6:13 pm By Christine Caulfield

A self-imposed cap on legal fees and a reduced funding cut of a $16.5 million settlement in a class action against failed construction company Forge Group was the right call by the law firm and the funder behind the case, a judge has said in his reasons for approving the deal.

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Judge greenlights $16.5M Forge class action settlement
Class Actions 2019-12-10 11:29 am By Christine Caulfield

A judge has signed off on a $16.5 million settlement of a shareholder class action against collapsed engineering and construction company Forge Group.

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Ousted Piper Alderman partner to expand case against firm
Business of Law 2019-12-09 12:30 pm By Miklos Bolza

A former senior Piper Alderman partner who lodged a sex discrimination case against the firm and was forced off the partnership in June is broadening her case, a court has heard.

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Arrium liquidators to keep up fight with shareholders over questioning of ex-director
Restructuring & Insolvency 2019-12-03 10:31 pm By Cat Fredenburgh

Liquidators of collapsed steel and mining company Arrium will challenge a ruling that gave shareholders the greenlight to question a former director to mount a possible class action, and have secured a limited stay of the judgment to lodge a notice of appeal.

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Arrium liquidators can’t stop shareholders from grilling exec for possible class action
Restructuring & Insolvency 2019-11-20 11:48 pm By Christine Caulfield

Shareholders of collapsed steel and mining giant Arrium have won the OK to question a one-time director over possible class action claims that former officers misled the market and that auditor KPMG was negligent in preparing a healthy financial report just two years before the company went under.

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Multiplex wants Hastie liquidators to pay up for betting on set-off limitation
Restructuring & Insolvency 2019-11-15 10:33 pm By Christine Caulfield

Multiplex is calling for the liquidators of collapsed engineering services group Hastie to pay its costs, and pay now, for pursuing an action to recover millions of dollars in unpaid bills on the grounds that the construction company was not entitled to offset its debts with amounts owing.

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Ex-Piper Alderman partner’s sex discrimination case back on
Business of Law 2019-11-08 10:50 pm By Christine Caulfield

A former Piper Alderman partner who filed a sex discrimination case against the law firm and was ousted from the partnership months later, is pressing on with her legal action, which was stayed while her complaint to the Australian Human Rights Commission played out.

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ASIC secures disqualifications, fines against Vocation directors
ASIC 2019-11-04 2:15 pm By Christine Caulfield

Three former Vocation executives  — including former federal Treasurer John Dawkins — have been hit with disaqualification orders and fines totalling $125,000 after a court found they breached their directors’ duties ahead of the collapse of the education provider.

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Group members expected to get half of $16.5M Forge class action settlement
Class Actions 2019-10-25 12:46 pm By Cat Fredenburgh

The law firm and funder behind a class action against collapsed engineering and construction company Forge Group, former directors and their insurers, which has now settled for $16.5 million, have proposed cuts that would see $8.25 million left over for distribution to group members.

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National law firm slams ex-partner’s ‘sorry story’ for delays in bringing sex discrimination case
Employment 2019-09-19 10:11 pm By Amelia Birnie

A national Australian law firm has asked the Federal Court to throw out a sex discrimination claim filed against it by a former partner, on the grounds that no excuse had been provided for her delay in making a complaint other than “a fairly sorry story”.

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