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Class action lawyers are expecting to see an increase in consumer and privacy cases this year, as well as a reinvigoration of shareholder litigation following a string of prominent losses, and many are counting on the High Court to clarify legal questions hanging over plaintiffs.
A former White & Case lawyer with experience in Australia and in New York has returned to the firm’s Sydney office as a partner after a stint at King & Wood Mallesons
A judge has declined to extend an injunction that barred ASX-traded Structural Monitoring Systems from sacking its CEO after he launched whistleblower proceedings against the aerospace company.
NAB has sued a group of insurers alleging they are liable to indemnify the bank for a $64.25 million settlement and associated defence costs in a superannuation class action against units MLC and NULIS Nominees.
Construction PRO
Liquidators of a collapsed developer have filed a High Court challenge after losing a bid to revive a lawsuit against a financier over the Pentridge Village development in Melbourne.
A judge has ordered the administrator for two class actions over PFAS contamination that settled for $153 million to pay the leftover funds to group members rather than to charities, saying it was not appropriate “to go around making donations”.
A Federal Court suit by HR company Employment Hero accusing investor and rival Seek of misusing its market power has been resolved.
Construction PRO
King & Wood Mallesons has lost a seasoned M&A partner with expertise in real estate and infrastructure deals to Gilbert + Tobin.
Class action settlements hit major milestones last year, with the year’s largest settlements totalling $1.6 billion and one case resolving for a historic $548.5 million.
Reforms to Australia's merger review regime kicked in on 1 January, but late-breaking amendments to the new laws mean changes to notification thresholds and further exemptions.