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Class action firms reaping the benefits of contingency fees should brace for more high-dollar security for costs applications, on top of the reputational risks of having their finances aired in court, defence lawyers told Lawyerly.
Construction PRO
Lifestyle Communities has lost its appeal after a tribunal found that exit fees charged to departing residents were void, with an appeals court saying a tenant must be able to calculate how much they will be charged.
Construction PRO
Newly-minted Victorian premier Ben Carroll said Thursday "nothing is off limits" in releasing the terms of reference of a royal commission into the state's construction industry.
The Victorian government has told the High Court it had no obligation to act with procedural fairness when it decided to demolish inner-city public housing towers in Melbourne, as it fights a class action’s appeal.
Construction PRO
A former director of property developer Villawood has argued a judge should disqualify himself from hearing a contempt case after finding he gave false instructions to his Mills Oakley solicitor.
A shareholder class action against Nuix and underwriter Macquarie over the software company's float on the ASX has trimmed its case against the company's former chairman the third week into trial.
Construction PRO
Herbert Smith Freehills Kramer has lured a long-time Clayton Utz infrastructure partner to the firm's projects, energy and infrastructure practice.
Nuix's former boss Rod Vawdrey was almost ousted in 2019, a trial court heard Thursday, with a shareholder class action pointing to a board paper that referred to the software firm's “toxic, no-trust, fear-based culture”.
Arrium's former directors and auditor KPMG have lost a challenge to a key report relied on by shareholders in a class action over the collapsed steelmaker that says the company overstated the value of its assets.
Construction PRO
Carlisle Homes has lost its bid to have a $3 million fee dispute with Lander & Rogers dealt with by the Costs Court, with a judge finding the court doesn't have jurisdiction over the matter.