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Major banks hit back at rate-rigging class action, argue claims are barred
Five major banks including JPMorgan, Citibank and UBS have denied all wrongdoing in a class action accusing them of entering a cartel agreement to rig foreign exchange rates and argue the claims were brought out of time or are barred by settlements in overseas proceedings.
Slater & Gordon touts superior track record in battle to lead Beach Energy class action
Two heavyweight plaintiff firms battled it out Friday to run a shareholder class action against Beach Energy, with Shine Lawyers saying it should be rewarded for setting the price of the contingency fees sought in the case and Slater & Gordon arguing it has a better track record in class actions.
Qantas engineers lose appeal over COVID-19 stand down orders
Aircraft engineers for Qantas have lost a challenge to a ruling that the airline had no "genuine choice" when it stood them down in March 2020 during the COVID-19 pandemic.
KPMG liquidators can’t dodge examination over handling of Jewel of India sale
Liquidators for ready-made meals producer Jewel of India have lost their bid to dodge public examination over their alleged poor handling of the business’ sale and failure to investigate potential claims against the Commonwealth Bank.
Class action’s bid for ‘invasive’ search of Merivale’s payroll data fails
A judge has denied an “invasive” bid to search hospitality giant Merivale’s payroll systems ahead of an upcoming mediation in a $129 million underpayment class action covering 13,500 employees.
7-Eleven class action lawyer accused of retaliation, deliberate late billing
A solicitor running two franchisee class actions against 7-Eleven “retaliated” against a group member who objected to a $98 million settlement and issued a late $6.5 million legal bill to benefit a litigation funder, a court has heard.
Contradictor backs $98M class action settlement given 7-Eleven’s ‘significant’ risk of losing at trial
A $98 million settlement reached in two franchisee class actions against 7-Eleven is “appropriate" given the likelihood that the convenience store giant would have lost at trial, according to a contradictor who urged the court to reject a $25 million cut sought by the funder that backed the litigation.
7-Eleven class action funder’s commission should be cut by $10M, court told
Litigation funder Galactic should receive a $15 million commission for its work on two franchisee class actions against convenience store giant 7-Eleven, instead of the $25 million it has asked for, a court has heard.
Senior partner was not negligent in rejecting $4.45M Westpac settlement, court finds
A Sydney-based law firm and one if its senior partners has defeated lawsuits by five former clients alleging breach of duties and conflict of interest relating to a rejected $4.45 million settlement in an employment case against Westpac.
Green groups dodge $450,000 security in cases against VicForest
Environmental groups fighting to protected the threatened greater glider have defeated VicForests’ bid for security for costs after a judge found the orders would “stifle” litigation in the public interest.