Judge Queries Class Share Of $29M AMP Class Action Deal
A Federal Court judge questioned Friday whether class members' proposed $7.25 million share of a $29 million settlement over allegedly inappropriate recommendations of AMP insurance products was fair, as two firms representing them disputed the split of legal fees and costs.
Mosaic Directors Waived Privilege With Reply To Administrator
The Federal Court of Australia has ruled that the directors of a fashion retailer waived legal professional privilege over safe harbour advice ahead of its collapse by voluntarily sharing it with administrators, despite expressly seeking to preserve confidentiality.
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CuDeco Judge Questions Buried Funder-Solicitor Banton Link
A Federal Court of Australia judge has criticised the instructing solicitors of a class action from Banton Group for failing to adequately disclose to the court and group members that the director of the litigation funder backing the CuDeco shareholder class action was a sibling of the law firm's founder.
Judge Queries Class Share Of $29M AMP Class Action Deal
A Federal Court judge questioned Friday whether class members' proposed $7.25 million share of a $29 million settlement over allegedly inappropriate recommendations of AMP insurance products was fair, as two firms representing them disputed the split of legal fees and costs.
Mosaic Directors Waived Privilege With Reply To Administrator
The Federal Court of Australia has ruled that the directors of a fashion retailer waived legal professional privilege over safe harbour advice ahead of its collapse by voluntarily sharing it with administrators, despite expressly seeking to preserve confidentiality.
CuDeco Judge Questions Buried Funder-Solicitor Banton Link
A Federal Court of Australia judge has criticised the instructing solicitors of a class action from Banton Group for failing to adequately disclose to the court and group members that the director of the litigation funder backing the CuDeco shareholder class action was a sibling of the law firm's founder.
Expert Analysis
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Financial Services More
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Medicinal cannabis company Montu and subsidiary Alternaleaf breached advertising laws by promoting prescription cannabis as "plant medicine" online, the Therapeutic Goods Administration told the Federal Court on Thursday.
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