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Aveo slams ‘extraordinary’ and ‘unprecedented’ funding order in class action
A foreshadowed application for a funding order in a class action that would put a lien on some group members’ homes was “entirely unprecedented and without jurisprudential basis”, retirement home provider Aveo Group has said.
Aveo says class action opt out notice would ‘scare’ elderly people
Retirement home provider Aveo Group has opposed a proposed opt out notice that it says would "scare" elderly people by warning the funder that's backing a class action against it may seek an "unprecedented" order against certain unfunded group members.
Sailors seek ‘very high figure’ in Navy training class action
The federal government has argued it should not have to pay the “very high figure” former Royal Australian Navy sailors are seeking in compensation for a breached training contract that allegedly saw them denied a higher rate of pay.
Court tosses appeal of $1.96M judgment awarded to cryptocurrency trader
An appeals court has thrown out a challenge to a judgment awarding a cryptocurrency trader $1.96 million in cash and a property purchased for $1.5 million over a deal with a convicted fraudster involving "millions of dollars of cash in bags and suitcases".
‘Millions of dollars of cash in bags’: Cryptocurrency trader wins lawsuit against fraudster
A cryptocurrency trader has won judgment of over $1.96 million in a NSW Supreme Court lawsuit against companies owned by a convicted fraudster over a deal involving "millions of dollars of cash in bags and suitcases" and a settlement that was reached and then ignored.
Court approves settlement with ANZ in 7-Eleven class actions
A judge has signed off on a settlement that releases ANZ from two class actions by 7-Eleven franchisees that alleged the bank engaged in unconscionable conduct and breached responsible lending laws by providing loans to purchase outlets of the convenience store giant.
Why the case against contingency fees does not stack up
If contingency fees are really so bad that they should be opposed as a matter of principle, why did each of the Productivity Commission, the Victorian Law Reform Commission, and the Australian Law Reform Commission recommend their introduction? The answer is that on close analysis, the arguments against contingency fees do not bear scrutiny, says NSW barrister Daniel Meyerowitz-Katz.
Westpac settles class action over alleged Ponzi scheme
Banking giant Westpac has settled an investor class action brought by Levitt Robinson for its alleged role in an unregistered managed investment scheme.
Class actions in NSW Supreme Court do not require plaintiffs to have a claim against all defendants
In a first for the NSW Supreme Court, Judge Peter Garling last week found that the plaintiff in a class action does not need to have a claim against all defendants, a case that could make life much easier for plaintiff lawyers, says barrister Daniel Meyerowitz-Katz of Second Floor Wentworth Chambers.clas