In this 33rd year of class actions, three significant milestones have been achieved by Australia’s class action regimes, writes expert Professor Vince Morabito.
Casino operator Crown has agreed to pay $73 million over two years to settle a shareholder class action accusing it of lax money laundering compliance, with solicitors set to take home $20 million.
Arnold Bloch Leibler and a litigation partner at the law firm are among defendants named in a new case for their representation of the mastermind behind the scandal-ridden Banksia Securities class action.
A court has found that United Petroleum is not bound by the terms of a signed lease offer sent to a neighbouring Gold Coast pharmacy operator, ruling the company’s property consultant had no authority to negotiate or enter into a new lease on its behalf.
Brookfield has scooped up a 19.9 per cent stake in real estate investment manager Cromwell Property Group.
Abacus Storage Kings will open its books for a consortium of Ki Corporation and New York Stock Exchange-listed Public Storage, which lobbed a $2.2 billion takeover offer last week.
A judge has approved an $87 million settlement in a class action against Hino Motors, but says he needs to hear from a contradictor before greenlighting a law firm’s 25 per cent contingency fee.
A barrister who won a defamation case against Nine over an Instagram-famous cavoodle has lost her bid to appeal a ruling in a fight with her former solicitors over fees.
A judge has tossed an application for a contempt hearing against in-house lawyers, editors and journalists at Nine who allegedly breached suppression orders in a former ABC radio host’s unfair dismissal case.
A law firm has filed a representative complaint with the OAIC on behalf of six million Qantas customers affected by the company’s recent data breach.