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Barrister’s delay raises doubts about law firm’s fee agreement in Falls Festival class action
Class Actions 2020-09-04 3:32 pm By Miklos Bolza

An independent costs consultant has raised concerns about the legal costs sought by Maddens Lawyers from a $5.7 million settlement of the Falls Festival class action after the senior barrister leading the case delayed signing off on his rates with the law firm for a year.

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New class action against S&P faces delay over investor feud with funder
Class Actions 2020-09-04 1:15 pm By Alison Eveleigh

A new class action against S&P Global is facing potential delays as the two lead applicants — one embroiled in a battle over its funding agreement — ready for a fight over when to serve the lawsuit on the global ratings agency.

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CBA hit with class action over grandfathered commissions
Class Actions 2020-09-03 10:28 pm By Cat Fredenburgh

A class action has been filed against the Commonwealth Bank of Australia over commissions grandfathered by the Future of Financial Advice reforms.

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The Star takes insurers to court in test case over COVID-19 losses
Insurance 2020-09-03 5:57 pm By Alison Eveleigh

Sydney’s Star Casino is taking its insurers to court in a bid to claim the losses it has suffered as a result of Government restrictions enacted to stop the spread of COVID-19.

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Equititrust lawsuit on shaky ground after judge rejects Vannin’s choice of security
Restructuring & Insolvency 2020-09-03 5:41 pm By Miklos Bolza

The receivers for funds manager Equititrust, who are suing the name partners of law firm Tucker & Cowen, have failed in their bid to have further security for costs paid in the form of deeds of indemnity, despite telling the court that funder Vannin might withdraw its support for the litigation.

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Judge criticises lawyers’ ‘inflammatory’ correspondence in $27M trust dispute
Arbitration 2020-09-03 4:40 pm By Alison Eveleigh

A judge has slammed the lawyers in a $27 million trust dispute between a Chinese machinery company and law firm Clyde & Co for engaging in “inflammatory” correspondence instead of properly conferring before bringing their case to court.

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Sneakerboy judgment paves way for COVID-19 rent relief until April
COVID-19 2020-09-03 4:26 pm By Alison Eveleigh

In a judgment that will be welcomed by retailers, a court has found that rent relief under the Federal Government’s mandatory COVID-19 code of conduct can be extended for at least six months after the regulations expire in October.

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Major beef: McDonald’s sues Hungry Jack’s over ‘Big Jack’ burger
Intellectual Property 2020-09-03 12:42 pm By Alison Eveleigh

In what is shaping up to be a big bun fight, McDonald’s is taking long time rival Hungry Jack’s to court for trade mark infringement, accusing it of violating its legendary ‘Big Mac’ mark.

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Banksia judge appeared to take ‘very dim view’ of lawyer Alex Elliott, court told
Class Actions 2020-09-02 9:42 pm By Alison Eveleigh

The judge overseeing professional misconduct claims against lawyers in the Banksia class action appeared to express “a very dim view” of Alex Elliott, the son of class action lawyer Mark Elliott, and should not hear the case against him, a court has heard.

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iSignthis now wants $464M in share suspension suit against ASX
Securities 2020-09-02 9:17 pm By Christine Caulfield

Fintech company iSignthis has upped its demand for damages in a lawsuit against ASX for a second time, filing documents with the Federal Court that claim the market operator’s decision to suspend its shares has cost it almost half a billion dollars.

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