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Like CFOs of yore, class action beauty parades push down law firms’ GCO profits
A recent ruling cutting the contingency fee sought by a plaintiff law firm shows competition to run class actions will drive down the percentage payout courts are willing to permit. And as more firms enter the market for a slice of the returns, the downward pressure on profits will only build.
Court approves GCO in ‘junk’ insurance class action against Allianz
A judge has signed off on a group costs order in class action against Allianz over add-on car insurance that will give plaintiff law firms Johnson Winter & Slattery and Maurice Blackburn no more than 25 per cent of any resolution in the case.
Star Entertainment directors, execs targeted in new ASIC action
The corporate cop has named eleven current and former Star Entertainment directors and officers in a civil penalty case alleging breaches of duties in relation to the company's non compliance with anti-money laundering laws.
Barrister was scared to return to chambers after Nine’s ‘cavoodle caper’, court told
A Sydney barrister was embarrassed and afraid to return to chambers following Channel Nine’s allegedly defamatory coverage of her custody battle for famed social media pooch Oscar the cavoodle, a court has heard.
COVID-19 hotel quarantine class action fights state’s bid for stay
A class action on behalf of businesses claiming harm from the 2020 hotel quarantine debacle has fought back against the state of Victoria’s bid to push the case off until a criminal action against the state’s Department of Health has been heard.
Bellamy’s sued by former CEO for alleged sex discrimination
The former chief executive officer of baby food producer Bellamy’s Organic has sued her former employer for over $400,000, claiming it discriminated against her by offering a salary that was one-third of what her male predecessor earned.
Banksia judge rejects recusal push by senior barrister’s wife
Companies associated with the wife of disgraced senior barrister Norman O'Bryan can't get a new judge to hear their battle against a third-party costs summons that would make them jointly liable for a $21.5 million judgment for investors in a class action over Banksia Securities' collapse.
Cladding supplier fights to keep class action from accessing sales figures
The Australian supplier of alleged combustible cladding is opposing a class action applicant’s bid for information ahead of settlement talks on the quantity of cladding sold in the country between 2009 and 2019.
Police strip-search action faces de-classing bid by NSW government
The NSW government will move to de-class a representative proceeding over police strip searches at 50 music festivals, after a judge cast doubt on whether the case should be run as a class action.
Konami to pay Aristocrat a portion of 12 years’ profit from infringing poker machines
Gaming company Konami Australia has been ordered to pay rival Aristocrat Technologies a proportion of profits from the sale of patent-infringing poker machines over a 12-year period, as well as a chunk of damages for supply of the games that generated no revenue at all.