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Class action filings are set to reach a historic high by the end of 2025 thanks to 19 almost identical class actions brought by junior doctors, according to a new report. Interestingly, shareholder claims are on the rebound.
Construction PRO
Retirement village operator Lifestyle Communities has foreshadowed an appeal after a tribunal ruled that exit fees charged to departing residents were void.
A SkyCity shareholder is seeking leave to launch a case against former executives and directors for their alleged role in the mismanagement of the casino's money laundering risk, which last year resulted in a $67 million penalty.
Construction PRO
HWL Ebsworth has acquired Adelaide law firm Botten Levinson Lawyers, boosting the firm's environment and development law offering in the region.
In the third decision approving an unaltered group costs order at the resolution of a class action, a judge has OK'd an $85 million settlement by ANZ, representing a $21 million payday for Maurice Blackburn.
Construction PRO
A judge hearing a dispute over a lot in Victoria's Merrifield Business Park has found that the Competition and Consumer Act's bar on contracts that substantially lessen competition does not apply to a market in land.
A tribunal has found a company that scrapes court databases broke privacy laws by failing to remove a litigant's name after charges against her were dropped, saying the public nature of court lists doesn't make republication a “free for all”.
A judge has given the greenlight to a $10 million settlement with entities linked to late solicitor and Banksia class action mastermind Mark Elliott, noting the “perverse” difficulty of recovering more of the $70 million in assets held on trust.
Baker McKenzie has poached a banking and finance partner from Norton Rose Fulbright.
Construction PRO
A liquidator has opened his case over the alleged misuse of funds by now defunct Dyldam Developments, as the court hears of “oddities” in financial records and the spaghetti-like structure of 157 interrelated entities.