More than 55 percent of the 154 settlements reached in federal class actions in Australia are lacking critical information about the deal, and the extensive use by judges of confidentiality orders is partly to blame, according to a new paper by a leading class action expert.
Maurice Blackburn has hit back at a lawsuit by State Street Global Advisors over the law firm’s use of a replica of its Fearless Girl statue, denying it has infringed the asset manager’s intellectual property.
Shine Lawyers and Slater & Gordon on Tuesday denied media reports that the two law firms were in merger talks or that there were any imminent plans for a union.
India’s God of Cricket Sachin Tendulkar is suing Australian bat maker Spartan Sports, accusing the company of failing to pay him $2.87 million under a licensing deal and continuing to use his image after he terminated the agreement.
Sirtex Medical has reached a mid-trial agreement to resolve a shareholder class action that centred on the biotech company’s sales forecasts of its radiation treatment.
Rugby player Israel Folau, who was sacked after sharing a homophobic Instagram post, has brought unfair dismissal proceedings alleging Rugby Australia and the NSW Waratahs terminated him because he is a Christian.
The Australian Securities and Investments Commission is pushing back against an application by ANZ Bank to stay the regulator’s civil penalties case over disclosures related to a $2.5 billion equity capital raising while it defends against criminal charges related to the controversial share placement.
Electronics giant LG should pay a $700,000 fine for twice breaching the Australian Consumer Law when its offshore call centre workers misled customers complaining about faulty television sets that they had no rights to a repair, replacement or refund under the law, a court has been told.
Publicly-traded law firm Shine Lawyers has reached a confidential agreement to settle a class action alleging it misled shareholders about the value of ongoing business activities, the first ever settlement of a class action in Queensland.
An appeals court has overturned a decision dismissing a class action on behalf of enlisted Navy sailors alleging the Commonwealth of Australian breached a contract to train them to earn engineering degrees.