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Law firms earned $68M for defending lawsuits over collapse of Dick Smith
Alan Shearer 2022-02-11 11:15 pm By Christine Caulfield Melbourne

The law firms and barristers who defended former Dick Smith directors in sprawling litigation over the failure of the electronics retailer earned close to $68 million in fees, a court has heard.

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Trial vacated in Monsanto class action over Roundup weed killer
Agriculture 2022-02-11 7:02 pm By Christine Caulfield Melbourne

An upcoming three-month trial in a class action against agrochemical giant Monsanto has been vacated after the applicant’s key expert withdrew from the case.

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PE Capital ordered into liquidation after running unregistered investment schemes
ASIC 2022-02-10 11:21 pm By Christine Caulfield Melbourne

A court has ordered the winding up of investment manager PE Capital Funds Management, whose responsible entity Endeavour Securities has connections to collapsed financial services company Linchpin Capital.

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Settlement talks advance in bungled lease case against Macpherson Kelley
Competition & Consumer Protection 2022-02-10 10:48 pm By Christine Caulfield Melbourne

Macpherson Kelley will head to an eleventh-hour mediation in a negligence case over the execution of a 10-year service station lease agreement with Shell, after the court heard settlement talks were well progressed.

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Judge has change of heart, will hold settlement hearing in Romeo’s class actions
Adero Law 2022-02-10 10:10 pm By Christine Caulfield Melbourne

A Federal Court judge has reconsidered her plan to dispense with a hearing to weigh a $1.55 million settlement of two class actions that allege supermarket chain Romeo’s underpaid hundreds of workers at stores in NSW and South Australia.

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Top judge warns against making a villain of class actions
Chief Justice James Allsop 2022-02-09 10:32 pm By Christine Caulfield Melbourne

As parliament weighs the latest Morrison government crackdown on class actions, the Federal Court’s chief judge has warned of “an ever present danger” of maligning the regime.

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Forum Finance director can’t block receivers from selling waterfront homes
Allens 2022-02-09 5:43 pm By Christine Caulfield Melbourne

Forum Finance director Vince Tesoriero has lost a battle to stop receivers from selling luxury properties in which he and Bill Papas hold a stake pending the outcome of Westpac’s fraud case against him.

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Macpherson Kelley faces trial over botched lease that gave Shell extra land
Energy & Natural Resources 2022-02-08 11:00 pm By Christine Caulfield Melbourne

Macpherson Kelley is headed for trial next week in a case that alleges the law firm bungled the execution of a 10-year lease agreement with Shell for a service station in Melbourne, giving the energy giant an extra 320 square metres equating to $2.5 million in lost rent for its landlord client.

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Herbert Smith Freehills snags technology law expert from PwC
Business of Law 2022-02-08 9:48 pm By Christine Caulfield Melbourne

Herbert Smith Freehills has appointed technology law specialist Cameron Whittfield as part of its plan to be a dominant global player in the technology, cyber security and digital space.

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Class action members guaranteed more than 70% in first case giving lawyers slice of the pie
Claire Harris 2022-02-08 2:47 pm By Christine Caulfield Melbourne

The first order allowing plaintiffs lawyers to take a cut of the proceeds of a class action will guarantee group members in a case against G8 Education at least 72.5 per cent of any recoveries — a notably higher percentage than the minimum legislated by a controversial bill before federal parliament.

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