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A long-running class action over the construction of the Sydney light rail that was revived by the High Court is heading to mediation, with a judge noting the challenges that lie ahead in determining all the claims of group members if the parties don't settle.
Construction PRO
Mining magnate Gina Rinehart is on the hook for royalties payable to the heirs of iron ore pioneers Don Rhodes and Peter Wright, a judge has held in a long-running battle over lucrative tenements in the Pilbara region.
A judge has asked for more information on why he should approve $43.1 million in legal fees in a class action against AMP that settled for $120 million, calling the amount "extraordinary" and "troubling".
Victoria will pay $125 million in a settement finalised on Monday in a class action over the state's COVID-19 hotel quarantine program.
A class action over Victoria's COVID-19 hotel quarantine debacle worth as much as $2.6 billion has reportedly settled, with the cost to taxpayers said to be about $50 million.
A judge has approved a $13.5 million settlement in a class action against the director of collapsed sandalwood producer Quintis, but has reduced deductions sought by the plaintiff's lawyers and funder, and denied a payout to the funder of a competing case.
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.