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Australian litigation funder values caseload at $4.7B
It might be in the glare of a government inquiry, but business is booming for Australian litigation backer IMF Bentham, which values its current caseload at $4.7 billion.
Unions can’t ground review of airport workers’ split shifts
In a win for aviation services company Aerocare, a court on Friday ruled the company's bid for review of its controversial split-shift rosters was not an abuse of process as two unions had argued.
Westpac faces new claim in life insurance class action
Westpac was responsible for the conduct of its in-house financial planner, who allegedly overcharged the bank's own customers with excess premiums on life insurance, class action lawyers have told a court.
Amaca can’t get indemnity costs over asbestos settlement
A judge has rejected Amaca's bid for indemnity costs in a case over contributions to an asbestos class action settlement, but he did not rule on the company's novel argument that a settlement resulting from mediation could count as the outcome of litigation in awarding costs.
Commonwealth Bank denies Austrac money laundering claims
The Commonwealth Bank of Australia on Friday pushed back against the majority of expanded claims brought by the anti-money laundering regulator and denied all allegations in the related class action.
Linfox workers can’t halt Fair Work case, court says
A group of Linfox workers in Victoria has lost their bid to put a Fair Work appeal on ice while they challenge a commissioner's ruling that found in favor of the logistics giant in a dispute over their jobs.
Norton Rose dispute with ex-partner heads to mediation
A bitter court battle over the firing of a Norton Rose Fulbright employment partner in which the firm admitted it retroactively signed and dated a court document will soon head to mediation.
Sanofi wins challenge to Reckitt-Benckiser lozenge patent
The Australian Patent Office has shot down a patent application covering throat lozenges by consumer goods giant Reckitt-Benckiser on a challenge by rival Sanofi-Aventis.
GetSwift hit with $300M shareholder class action
Squire Patton Boggs has brought a shareholder class action worth potentially $300 million against logistics software company GetSwift and its director, former AFL player Joel MacDonald, for providing inadequate disclosures and misleading investors with “overhyped” announcements about business contracts.
Slater & Gordon slams letter in union merger bid
A Slater and Gordon lawyer representing three unions seeking Fair Work Commission approval for a proposed tie-up, has slammed an "urgent" email from counsel at Herbert Smith Freehills claiming a newly discovered contempt matter involving one of the deal's applicants should bar approval of the deal.