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A law firm fighting for carriage of class actions against Hyundai and Kia has argued competing proceedings with a lower funding rate should not have a leg up, saying the rival firm’s budget was a "fantasy".
A judge has refused to allow four people to join a closed class action brought on behalf of certain people who were detained at two infamous immigration detention centres in South Australia.
A $59 million settlement has been reached in a long-running class action accusing five major banks of foreign exchange rate-rigging.
The federal government has launched a cross-claim against private security companies G4S and ACM in a class action on behalf of asylum seekers held in two immigration detention centres in South Australia.
Advisory firm Lanterne Fund, which operated as a 'licensee for hire', has been hit with a $1.25 million penalty for breaching its obligations as a financial services licence holder.
A judge has ordered soft class closure ahead of mediation in a class action against five major banks over alleged foreign exchange rate-rigging, saying the applicant's subjective view on what will assist mediation should not be imposed on the banks.
‘Don’t you want to know who you’re acting for?’: Judge probes applicant in rate-rigging class action
A judge has questioned the applicant’s opposition to soft class closure in a class action accusing five major banks of rate-rigging, a measure the banks say could save “tens of millions” in legal expenses.
Slater and Gordon has agreed to consolidate its data breach class action against Medibank with one brought by Baker McKenzie, after the judge overseeing the cases railed against competing class actions.
A fed-up judge has vented his frustration with the problem of competing class actions in a move that appears to punish the second filed case against Medibank. But is he right that the courts are increasingly being asked to deal with duplicative proceedings? And was his order really all that drastic?