A law firm on the losing end of a landmark ruling over competing shareholder class actions against GetSwift has argued that a proposed opt-out notice to group members should wait until after its High Court appeal. And the judge will let the firm make its argument, after hearing that the winning law firm has been, in his words, “sitting on its hands”.
The lead applicant in a class action over the failure of Banksia Securities is on the hook for paying the legal costs of a class member who successfully challenged the funder’s cut of a $64 million settlement in the case.
A judge has chosen a winner in a battle of law firms vying to run a massive shareholder class action against BHP over the fatal collapse of a dam at its Brazilian mine, saying the funding arrangement behind the successful case would best serve class members.
Telstra has lost an appeal of a ruling that rival Optus’ “Empires End” advertising campaign was not misleading or deceptive.
Hytera Communications has been ordered to hand over source code that Motorola Solutions claims was stolen by three employees who jumped ship between the companies.
Liberal Democrat senator David Leyonhjelm, who is facing a defamation lawsuit by Greens senator Sarah Hanson-Young, is planning to compel Hanson-Young to describe her sexual relations with men.
A judge looked dimly Monday on a pitch by baby food maker Bellamy’s to limit to $4.5 million the costs incurred by the law firms leading joint class actions against the company, saying the request was “very ambitious”.
Law firm Squire Patton Boggs is taking a fight over a ruling that shut down its shareholder class action against logistics startup GetSwift to the High Court.
The Australian Securities and Investments Commission has instituted new proceedings against AMP and its law firm Clayton Utz seeking documents related to the fees for no service investigation the law firm conducted for the wealth manager.
Viterra can amend its defence mid-trial in its dispute with Cargill over the $420 sale of its Joe White malt business to argue it was standard industry practice to fudge test results relating to malt quality, provided it identifies which industry players engaged in the practice.