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GetSwift weighs bid to toss law firm from ASIC action
GetSwift has warned it may seek an injunction blocking Johnson Winter & Slattery from acting as instructing lawyers to the corporate cop in its enforcement action against the logistics company, saying the firm provided advisory work for it last year.
Maurice Blackburn loses appeal over ATO bill on Black Saturday class action payout
Maurice Blackburn has lost a long-running fight with the Australian Taxation Office over a tax bill on two massive class action settlements secured by the firm for thousands of Black Saturday bushfire victims.
Funder asks High Court to take another look at $64M Banksia settlement
A litigation funder wants the High Court to review a court decision's to approve a $64 million settlement in litigation over the failure of Banksia Securities while rejecting the funder's commission and legal fees.
Litigation funders slugged with cost of jurisdictional battle over AMP class actions
A state judge has ordered the litigation funders behind a group of federal class actions against AMP to pay the legal costs of their failed transfer applications, saying while he could not make the applicants pay, he could compel the funders to cough up the money.
NAB wasn’t powerless to alter credit card insurance policies, class says
The lead plaintiff in a class action alleging National Australia Bank pushed worthless credit card insurance onto its customers is disputing the bank's claims that it had no power to negotiate the terms of the policies.
Lawyers, funders brace for landmark common fund ruling this week
Judgments in two appeals challenging the legality of common fund orders issued by courts in class actions will be handed down this week, and the rulings could have a profound effect on how class actions are run by lawyers and their funders in the future.
Bellamy’s loses cost-capping bid in joint class actions
A judge has rejected a bid by Bellamy's to limit the recoverable costs of rival law firms running joint class actions against the baby food maker, saying he would deal with any unjustified duplication later, not now.
Commonwealth Bank says it shouldn’t pay twice to defend two class actions
The Commonwealth Bank of Australia wants a judge to ensure it doesn't get hit with double the cost for work defending two shareholder class actions brought by rival plaintiffs law firms.
Luxury Sydney retailer settles with Transport for NSW over light rail project
Luxury boutique retailer Watches of Switzerland has reached a settlement in principle with Transport for NSW to resolve its case alleging damages resulting from Sydney's light rail project, a court has heard.
ASIC takes GetSwift to court over inadequate shareholder disclosures
The Australian Securities and Investments Commission has added to logistics provider GetSwift's legal woes, filing a lawsuit over the company's alleged failure to disclose material information to shareholders about contracts with clients such as Amazon and Yum! Brands.