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The federal government said Friday it would consider the implications of an appeals court's finding that the managed investment scheme structure was unsuited to class actions, a ruling it said was a victory for ordinary Australians and a vindication for Labor.
A judge has ruled that a senior Queensland police official waived legal professional privilege during cross examination, allowing the plaintiffs in a mandatory COVID-19 vaccination challenge to see legal advice about the jab direction by the Crown Solicitor.
Salter Brothers has won its lawsuit against former Hendry Group CEO Emma Hendry alleging the firm was misled into investing millions of dollars into the investment firm in 2019.
Owners of Sydney’s Mascot Towers are facing a “parlous situation” as they file an urgent court bid to sell the two buildings after $16 million was spent to repair structural cracks that made the apartments unliveable.
The ruling by the Full Federal Court that funded class actions are not managed investment schemes marks the end of an ill-considered regime enacted by the Morrison government to rein in class actions, but the debate over regulation of litigation funders is not over yet.
In a significant victory for litigation funders, the Full Federal Court has found that funded class actions are not managed investment schemes subject to regulatory oversight, gutting the legal basis for reforms enacted by the Morrison government in 2020.
A victor remains to be crowned following a heated beauty parade between competing class actions against tech company Nuix, with two law firms facing criticism for their "cumbrous" consolidation proposal and a third firm copping flak for its "opaque" financials.
The Scotch Whisky Association has sued an Australian food and drink importer for “flagrant” copyright infringement after it allegedly sold regular whisky with the trade organisation’s 'scotch whisky' certification trade mark.
A judge has allowed two law firms to jointly run a consolidated shareholder class action against dairy company a2 Milk, saying the arrangement was in the interests of group members and was "not novel".
A litigation funder for two franchisee class actions against 7-Eleven has asked a court for a $16.6 million payout to cover its costs before a judge rules on how much it can pocket from a $98 million settlement.