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A NSW Supreme Court judge has raised concerns about a dispute over fees owed to two law firms and a funder in relation to four shareholder actions brought against the liquidators of HIH Insurance.
Lawyers behind four quasi representative proceedings against the liquidators of collapsed HIH Insurance have launched a bid to recoup the costs of their successful 18-year-long legal battle.
A judge has dismissed three proceedings by shareholders against the liquidator of failed global financial services firm Babcock & Brown, in a finding that highlights "serious problems" with market-based causation and may have ramifications for securities class actions.
The National Rugby League has revealed major sponsor Telstra demanded "tough action" after the so-called “Summer of Hell” of player scandals, as it attempts to defend its no fault stand-down rule in an appeal launched by Dragons player Jack de Belin challenging his suspension.
Rugby league player Jack de Belin is weighing an appeal after losing his court challenge to the NRL’s “no fault” stand-down rule, while the players' representative body considers a collective dispute under the Fair Work Act.