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Despite conflicts, ASIC loses fight over insolvency partners’ remuneration
Agriculture 2023-09-01 11:04 pm By Christine Caulfield
Two former Ferrier Hodgson partners had conflicts of interest when they accepted appointments as administrators of a failed pig farm operation, an appeals court has found, but their remuneration won't take a hit as a result.
‘Haircut’ by law firm, funder in Forge class action settlement appropriate, judge says
Class Actions 2019-12-16 6:13 pm By Christine Caulfield Sydney
A self-imposed cap on legal fees and a reduced funding cut of a $16.5 million settlement in a class action against failed construction company Forge Group was the right call by the law firm and the funder behind the case, a judge has said in his reasons for approving the deal.
Judge greenlights $16.5M Forge class action settlement
Class Actions 2019-12-10 11:29 am By Christine Caulfield Melbourne
A judge has signed off on a $16.5 million settlement of a shareholder class action against collapsed engineering and construction company Forge Group.
Judge blasts insurers in Forge investor class action for ‘waste of everybody’s resources’
Class Actions 2019-05-29 4:27 pm By Amelia Birnie Sydney
A judge has granted discovery of up to 32,000 documents just months out from the Forge investor class action trial, as she blasted the insurance company respondents for wasting resources after they failed to comply with the court’s previous orders.
Forge class action judge stands firm despite being warned of ‘real risk’ to trial date
Class Actions 2019-05-03 2:06 pm By Amelia Birnie Sydney
A judge has refused to contemplate delays to the long-running investor class action against defunct engineering and construction company Forge Group, as lawyers for some of the respondents warn of a “real risk” that the current trial date might need to be vacated.