A high ranking executive from the Commonwealth Bank of Australia has warned that an increase in class actions could discourage Australia’s best corporate leaders from joining company boards.
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.
A judge has signed off on a $95 million settlement in a shareholder class action against Spotless after a heated exchange saw the funders backing the lawsuit drop their bid for $1.5 million in costs above their commission.
Slater and Gordon has brought proceedings against a sacked principal lawyer who led the firm’s largest practice in its Penrith, NSW office, seeking injunctions to prevent her from poaching clients allegedly worth over $1.3 million in billing revenue.
Insurer QBE wants to downsize a massive class action brought against it and banking giant ANZ over the sale of allegedly worthless add on insurance.
Treasury Wine Estates has challenged a ruling that Maurice Blackburn did not breach its obligations by using material from a now settled class action against it to draft new class action pleadings.
Plaintiffs law firm Slater and Gordan has been hit with a lawsuit accusing it of giving negligence advice to a victim of notorious paedophile priest Michael Glennon.
Two competing shareholder class actions against global winemaker and distributor Treasury Wine Estates over an earnings downgrade in January this year should be consolidated, and a judge should pick just one law firm to run the case, a court has heard.
A judge has accused the parties in a class action against ANZ over the sale of allegedly worthless insurance of âputting their pens downâ and failing to advance the case until a strike out application is resolved.
Maurice Blackburn did not breach its obligations by using material from a now settled class action against Treasury Wine Estates to draft new class action pleadings against the wine maker, a court has found.