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Saying the funding arrangement would eliminate the possibility that legal costs ate up the majority of any return to group members, a judge overseeing a shareholder case against G8 Education has issued the first ever group costs order in a class action.
KPMG has been hit with a lawsuit by a principal director who claims he was told to "change and adjust" to "belittling and disproportionate attacks" by a partner on the debt advisory team.
Apple has reached the end of the line in its attempts to move a competition dispute with Fortnite game maker Epic Games to California, with the High Court denying the tech company's special leave application to appeal a judgment that found there were "strong reasons" for keeping the matter in Australia.
The structural engineer behind Sydney's ill-fated Opal Tower can examine whether builder Icon Co has been indemnified for $31 million worth of damage which occurred in the 36-storey apartment block on Christmas Eve of 2018, a court has found.
Australian beauty and skincare retailer Mecca has triumphed in a lawsuit brought against US makeup brand Hourglass, which tried to terminate an exclusive distribution agreement because of the COVID-19 pandemic.
Fearing passage of a contentious bill in parliament that threatens to curb open class actions, plaintiffs law firms and funders have raced to court with new cases in the past two weeks.
Two law firms are seeking court approval to drop class actions brought on behalf of allegedly misclassified casual coal miners, in light of a High Court decision that "radically" decreased their chances of success.
A senior ACCC officer tried to dissuade ASIC from investigating alleged insider trading by JPMorgan because of fears it would “upset” the competition regulator’s criminal cartel case over a $2.5 billion ANZ share placement, a court has heard.
Spurred by the Banksia class action scandal, the federal government has implemented new regulations requiring litigation funders to manage conflicts of interest that arise when the lawyers acting on a class action have a "material financial interest" in the funder that's running it.
Virgin Australia has walked back part of its COVID-19 vaccination policy after the union representing aircraft maintenance engineers received hundred of complaints about the requirement that they provide their Individual Health Identifier as part of proof of their vaccination status.