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The number of new class actions this year is on track to be the lowest in 10 years as plaintiff firms wait to see which way the High Court will lean in a crucial shareholder case and funders redeploy capital to nascent class action jurisdictions.
Construction PRO
Facing a lawsuit over cladding by the owners corporation of a $66 million Erskineville, Sydney apartment complex, builder Richard Crookes has brought its own claims against fire safety consultant Jenson Hughes.
A judge has ruled that two early investors in iSignthis are entitled to $689,662 in compensation after finding that the fintech breached an agreement entitling them to performance shares in the company.
Engineering services firm Worley might win the High Court's leave to appeal its loss in a shareholder class action despite the justices delving into many of the same issues raised in cases against the Commonwealth Bank, experts tell Lawyerly.
Construction PRO
Colin Biggers Paisley is beefing up its property and development group, promoting two property lawyers to its partnership and hiring two more.
Defence lawyers are bracing for a wave of class actions over companies’ use of generative artificial intelligence, with privacy, discrimination, consumer, product liability and shareholder claims expected.
Construction PRO
Property manager Fortius has lost its bid to bring negligence claims under NSW's Design and Building Practitioners Act against certifier City Plan Services in defects litigation over the One Central Park development in Sydney.
Construction PRO
A builder has lost its bid to amend a negligence claim in a dispute over a warehouse refurbishment contract in Sydney’s Homebush.
The Commonwealth Bank wants Cornwalls to pay its costs in a negligence case by a former client, saying the law firm should foot the bill for claiming proportionate liability against the bank.
Construction PRO
Property manager Fortius wants to add new claims under NSW's Design and Building Practitioners Act against certifier City Plan Services in a dispute over the One Central Park development in Sydney.