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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.
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.
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.
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.