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S&P settles investors’ case but class action will resolve when ‘hell freezes over’, court told
Financial Services 2025-06-24 11:00 pm By Sam Matthews

S&P has reached a settlement in a case by two Cayman Island companies over alleged defective ratings but a class action won’t settle until “hell freezes over,” a court has heard.

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Dexus agrees to absorb shareholders’ costs of legal tussle with APAC
Transportation & Infrastructure 2025-06-24 11:53 pm By Christine Caulfield

Real estate asset manager Dexus will cover the legal costs of shareholders whose stake in Australia Pacific Airports Corporation hangs in the balance, as it reveals a $55 million book value increase.

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Court sets date for Dexus fight with APAC, investor funds
Article 2025-06-13 11:38 pm By Christine Caulfield

The date has been set for a court battle over Dexus’ sale of shares in Asia Pacific Airport Corporation, a fight the operator of Melbourne and Launceston airports says needs 10 hearing days.

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‘What’s done can’t be undone’: Judge says alleged Dexus breach seems irremediable
Transportation & Infrastructure 2025-05-22 11:34 pm By Christine Caulfield

Dexus’ denial of a breach of confidentiality in a battle with co-owners of airport operator APAC is unlikely to hold up, a judge has said, and what appears to have been done can’t be undone. What the high-stakes row will come down to, he says, is materiality.

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Judge allows tweak to ratings suit against S&P ahead of trial
Securities 2025-04-11 11:03 pm By Sam Matthews

The applicant in a suit against S&P over alleged defective ratings can tweak its pleadings ahead of a June trial, with a judge rejecting S&P’s argument the changes introduce a new case.

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DePuy class action group member appeals failed challenge to payout
Appeals 2025-03-24 11:04 pm By Cat Fredenburgh

A group member in a class action against Johnson & Johnson unit DePuy has filed an appeal after he lost a challenge to his compensation determination, 12 years after the case settled.

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‘Considerable disquiet’: Pelvic mesh group members can challenge $405M settlements
Product Liability 2024-12-23 11:54 pm By Cindy Cameronne

Women who were allegedly injured by defective pelvic mesh implants can apply to set aside two approved settlements against Johnson & Johnson and Boston Scientific worth $405 million.

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$405M pelvic mesh settlement distribution can’t ‘drag on’, judge says
Class Actions 2024-11-06 11:17 pm By Cindy Cameronne

A judge has expressed concerns after hearing that up to 20,000 group members in three pelvic mesh class actions have yet to receive payment from $405 million in settlements approved in March last year.

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DePuy class action member loses challenge to compensation, 12 years after settlement
Class Actions 2024-07-05 10:41 pm By Sam Matthews

A group member in a class action against Johnson & Johnson unit DePuy International has lost his bid to challenge his compensation determination 12 years after the case settled, with a judge finding that the independent counsel conducting the determination was not bound by the rules of procedural fairness.   

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Top 10 class action settlements of 2023
Top 10 Class Action Settlements 2024-01-05 4:07 pm By Cat Fredenburgh

Companies and government entities paid out less to settle class actions in 2023 than in the previous two years, with no mega settlements hitting their pocketbooks.

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