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Funder’s commission holding up Opal Tower class action settlement
A $13 million commission sought by the funder that bankrolled the Opal Tower class action is stalling settlement approval, as debate continues over whether the funder can recoup the costs of after-the-event insurance from group members.
Law firm heads sing praises of ‘compassionate’ new High Court judge
For many in the legal profession the choice of Justice Jayne Jagot to replace the outgoing Justice Patrick Keane on the High Court, heralding a new era of judicial diversity on the top bench, was hardly a surprise.
Criminal case should run before COVID-19 hotel quarantine class action, court told
The state of Victoria has brought criminal action against the DHHS over its handling of the hotel quarantine debacle in 2020 and wants to push off separate class action proceedings until the charges are heard.
60 Minutes episode invited ‘condemnation’ of bank boss Peter Schiff, judge finds
A judge has found that a 60 Minutes broadcast by Nine, but not a related article, carried defamatory meanings about Euro Pacific Bank boss Peter Schiff, saying the broadcast's  use of ominous music and shadowy figures invited judgment from viewers.
Mylan appeals ATO’s rejection of $48M deduction in spat over $1.2B Alphapharm deal
The Australian unit of Mylan is challenging the ATO's rejection of a $48 million deduction  for 2020 in the generic drug company's latest spat with the tax office over interest on loans to fund its $1.2 billion acquisition of generic drug maker Alphapharm.
MinterEllison snags leading superannuation lawyer from Herbert Smith Freehills
MinterEllison has recruited financial services and superannuation law expert Ruth Stringer to lead the national super practice she established some 20 years ago.
Law firms lay down swords in Mesoblast shareholder class actions
Two law firms that filed competing class actions against regenerative medicine company Mesoblast for allegedly misleading shareholders about its Remestemcel-L treatment for COVID-19 complications have agreed to join forces and sidestep a beauty parade.
Forum Finance judge recuses himself after questioning director’s credibility
A Federal Court judge has recused himself from hearing a fraud trial against Forum Finance, after expressing that he had an “unfavourable” impression of director Vince Tesoriero's reliability as a witness.
FWC throws out finding that Deliveroo driver an employee
The Full Bench of the Fair Work Commission has begrudgingly overturned a ruling that found a Deliveroo driver who was axed for not working fast enough was an employee, saying a recent High Court judgment required it to "close our eyes" to the reality of gig economy work.
EY settlement in class action over Slater & Gordon audits approved
A judge has blessed Ernst & Young’s settlement with shareholders in a class action alleging the firm, along with Pitcher Partners, approved an overly rosy year-end financial report related to Slater & Gordon's disastrous $1.2 billion acquisition of UK business Quindell.