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Lamenting that he now has less flexibility to manage commission rates, a judge has called for legislative intervention to give courts authority to regulate funding arrangements at the outset of class actions, a power stripped from them by the High Court late last year.
Funding for a class action over the troubled Coolum Palmer Resort has been temporarily blocked while a company owned by Clive Palmer appeals a judgment in a separate lawsuit lodged by the billionaire to thwart the class action.
A liquidator who ‘provoked litigation’ must personally pay the costs of the proceedings brought by a creditor of defunct company Azmac because of his ‘unreasonable’ handling of the company's liquidation, a court has found.
Fashion designer Victoria Beckham has lost her opposition to two trade marks owned by Sydney-based skincare company VB Skinlab, despite IP Australia finding the former Spice Girl's VB marks have a reputation in Australia.
A former general counsel who claims she was sacked from AMP after raising concerns about the company's fees for no services conduct has mostly succeeded in her bid for further particulars of allegations made in the company's defence, including a claim that she called "tantamount to extortion".
Pop star Katy Perry has won her bid to split up the trial in high-stakes litigation with a Sydney-based fashion designer over who owns the rights to the 'Katy Perry' name in Australia.
Herbert Smith Freehills is reducing partner profit distributions as part of cost-cutting measures in the face of uncertainty wrought by the coronavirus pandemic, and staff salary reviews have been postponed by six months.
A judge has signed off on a $37.5 million Murray Goulburn class action settlement but slashed $2 million in legal costs sought by Mark Elliott's law firm, which is running the case.
Two gynaecologists have lost their bid to dismiss a negligence lawsuit brought by a patient implanted with a Johnson & Johnson pelvic mesh device found by a judge overseeing a related class action to have been defective.
Bracing for a slowdown in work as a result of the coronavirus pandemic and calling on its staff to "face this situation together", Norton Rose Fulbright is reducing pay and hours by up to 20 per cent for the majority of its 1000 lawyers and support staff in Australia.