IN THE NEWS

Thinking about contingency fees? Then why not security for costs?

The subject of contingency fees has again been the subject of media commentary in response to the Productivity Commission's draft recommendation that they be permitted subject to strict oversight. Director, Penelope Pengilley, suggests that  a requirement for security for costs  should also be brought into the mix so as to manage the potential risk to defendants that unsuccessful plaintiffs cannot meet adverse costs orders.

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High Court upholds liquidators' right to an equitable lien for costs and expenses

Director, Penelope Pengilley, shares her insight after the recent high court decision in Stewart v Atco Controls Pty Ltd (in Liq) provides support and comfort to liquidators' who, as part of their duties, get in funds subject to security.

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