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AMP super members are set to receive $60 million in a class action stemming from the banking royal commission, with the average payout being under $100, a judge has heard.
A judge has ordered the firm behind a class action over Victoria's COVID-19 hotel quarantine program to pay another $3.6 million in security for costs, a far cry from the $24 million sought by the state to cover its outlay.
Class action settlements hit major milestones last year, with the year’s largest settlements totalling $1.6 billion and one case resolving for a historic $548.5 million.
The High Court has revived a class action by small business owners over the interference caused by the construction of the Sydney light rail network.
Construction PRO
The High Court has revived a class action by small business owners over the interference caused by the construction of the Sydney light rail network.
Twenty-three barristers in NSW have joined the silk ranks, including a leading defamation lawyer who was on the Fairfax legal team that defeated accused war criminal Ben Roberts-Smith's defamation suit.
Construction PRO
A residential land lease community in NSW's Central Coast must repay residents for a fee hike after a tribunal ruled the contractual term providing for the increase involved “double dipping” to account for inflation.
AMP has agreed to pay $120 million to settle a class action stemming from the banking royal commission which accused it of overcharging millions of superannuation members over a 12-year period.
A class actions expert has found there has been a spike in contingency fee rates in Victoria over the last two years, expressing concerns that the regime enacted in 2020 may be going in a different way than intended.
A judge has approved a 33 per cent group costs order in a class action against Sportsbet, saying the relatively high rate was justified by the risks of running the “relatively novel case", which seeks repayment of gambling losses stemming from allegedly unlawful services.