A former contractor of investment management fund Courtenay House who received over $670,000 in commissions from investors has pleaded guilty to two criminal charges after an ASIC investigation revealed the company duped 585 investors in a $180 million Ponzi scheme.
The NSW government will move to de-class a representative proceeding over police strip searches at 50 music festivals, after a judge cast doubt on whether the case should be run as a class action.
The High Court has refused to hear an appeal of a decision forcing an unnamed litigation funder to provide $415,000 in security for the NSW government’s defence costs in a class action over the alleged fraudulent acquisition of land for construction of the $16 billion WestConnex tunnel.
Avant Insurance has lost its bid to challenge a ruling which put it on the hook for indemnifying a plastic surgeon in class action proceedings over allegedly botched breast augmentations at a defunct NSW clinic.
A solicitor of a national law firm has been reprimanded after falsely representing that the firm acted for her partner in a property dispute over $1,000.
Businesses bringing a class action over Sydney’s $3 billion light rail project are pursuing a bold new claim that the NSW government pay not only for damages related to their nuisance claims, but for the 40 percent commission the litigation’s funder wants from a post-trial judgment.
The High Court has granted special leave to Irish insurer Zurich to challenge a decision allowing a class action over an allegedly defective New Zealand apartment block to proceed in the NSW Supreme Court.
The litigation funder bankrolling a class action on behalf of 383 apartment owners in Sydney’s troubled Opal Tower is seeking a 26 per cent commission totalling $13.2 million of the confidential settlement sum, a court has heard.
Following the lead of its Victorian counterpart, the NSW Supreme Court has found that law firm Atanaskovic Hartnell cannot recover costs in self-represented litigation against a former client over unpaid legal invoices.
A judge has ordered the estate of Giovanna Toppi to pay money owing to a landlord under a $1.1 million loan after refusing to find the iconic Sydney restaurateur was the victim of wrongdoing by her daughter, Paola.