ACA Lawyers has filed an application in the Federal Court seeking approval for the settlement of the long-running OZ Minerals class action which commenced in February 2014. The class action related to the 2008 merger of Oxiana and Zinifex which resulted in the creation of the listed company, OZ Minerals.
Installers and manufacturers of home insulation who lost millions of dollars following the collapse of the Rudd government’s home insulation program in 2010 have obtained funding to bring a class action against the Commonwealth Government.
An ambitious Australian company spends up big on a massive overseas asset. It over-reaches, pays too much, books a massive write-down then finds itself the target of a law firm specialising in shareholder class actions.
Major institutional investors from Japan, the US and the UK, as well as locally, have registered with ACA Lawyers to be part of a potential shareholder class action against embattled law firm, Slater and Gordon Limited (SGH).
ACA Lawyers has called for the release of a forensic review of Slater and Gordon’s books as soon as available so all investors in the publicly listed law firm are fully informed about the company’s financial position.
Troubled plaintiff law firm Slater & Gordon is at risk of being given a dose of its own medicine after one of its competitors revealed yesterday it was investigating launching a class action because of the collapse in Slater’s share price.
On 1 July 2014 the Travel Agents Act was repealed and the Travel Compensation Fund ceased to operate. As a result, Australian travel agents are no longer required to be licenced nor are they required to hold insolvency insurance for consumer protection.
On 28 June 2015 ACA Lawyers hosted a panel discussion in conjunction with Experts Direct, ‘Class Actions and Litigation Funding.’ The panel comprised three experts: esteemed barrister Michael Lee SC; Moira Saville, partner at King and Wood Mallesons; and Susan Dunn, head of UK-based Harbour Litigation Funding.
The Full Court of the Federal Court of Australia yesterday handed down its decision on an appeal by ANZ Bank against a decision that its late payment fees are unlawful. The bank is the subject of a class action commenced against it by its customers.
Leading class action law firm, ACA Lawyers, has obtained funding to mount a class action against mining services firm WorleyParsons Limited (ASX:WOR), for withholding sensitive market information ahead of a 26 percent crash in its share price in November 2013.
THE proposed changes to the Racial Discrimination Act announced by the Attorney-General George Brandis have far-reaching implications and will significantly weaken the existing protections against racial vilification.