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Judge to hear second group costs order bid in G8 shareholder class action
A Victoria Supreme Court judge will hear the second ever application for a group costs order in a shareholder class action against G8 Education, saying she hoped to deal with the bid in a “straightforward way”.
Class action mediation ‘pointless’ without unregistered group member data, Pitcher Partners says
A judge has refused a bid by accounting firms Pitcher Partners and EY to access share trading data of unregistered group members in a securities class action over advice to Slater & Gordon, despite claims upcoming mediation will be "pointless" without the information.
Contingency fee law to blame for failure of first class action GCO bid
A ruling this week that rejected the first application for a group costs order in a class action because the applicants were better off with their existing no win, no fee arrangement was the right decision given the limits of the legislation, experts say.
Allianz loses bid for class action beauty parade
A judge has signed off on a proposal by two law firms to jointly run a consolidated class action against Allianz over add-on car insurance, shooting down the insurer's argument that a beauty contest would promote competitive contingency fee rates.
Judge rejects first ever bid for contingency fees in class action
Saying the interests of class action members "must be given primacy", a judge has rejected the first bid for a group costs order in a class action since contingency fee legislation passed in Victoria.
Domino’s class action reluctant to be class closure ‘guinea pig’
A judge has again suggested the Full Court should weigh in on whether the court has the power to make class closure orders, but the barrister for the applicant in an underpayments class action against Domino's Pizza told the judge her client may not want to be the test case.
Judge wants to hear AUSTRAC class actions against CBA before he retires, literally
The judge overseeing class actions against Commonwealth Bank over its money laundering compliance failures has threatened to force the parties to go to trial by a certain date if they can't agree to "sensible" time limits to ready the case for hearing, noting he would reach retirement age in 2024.
Allianz says joint class action would eliminate competition in contingency fee rates
Consolidation of two consumer class actions against Allianz would do away with competition in a contest to lead a single case that would force a drop in the contingency fee rates of the rival law firms, the insurance giant has told a court.
Former Arrium directors point finger at KPMG in class action defence
Four executives of the failed Arrium have named auditor KPMG as a "concurrent wrongdoer" in defending a shareholder class action over a $754 million capital raising two years prior to the mining and steel giant's $2 billion collapse.
After triumphing in beauty parade, Maurice Blackburn seeks stay of PFM’s Boral class action
After winning a three-way contest to lead a shareholder class action against construction giant Boral, Maurice Blackburn is seeking to stay a competing class action by Phi Finney McDonald that was allowed to continue as a closed class action.