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Judge slams Domino’s for obstructionism in underpayments class action
A judge has blasted Domino's for its obstructionism in an underpayments class action and promised to order the pizza franchise giant to hand over information on its stores to facilitate settlement.
Class action against Westpac says bank’s discovery not up to Worley standard
Westpac and the lead applicant in a class action filed in the wake of AUSTRAC proceedings are still battling it out over discovery of evidence three years into the case. And the applicant claims the bank's discovery protocol fails the new test set by the Full Federal Court earlier this year.
Arrium class action fights $8M security bid, says directors not owed costs of ‘Rolls Royce’ defence
Shareholders in a class action against Arrium and KPMG are fighting an $8 million security for costs order sought by former directors of the failed steel giant, who say they should not be forced to defend the case “on a shoestring.”
‘Micromanaging’ slow-going Allianz class action may be unavoidable, judge says
A judge has pulled up three legal teams over slow progress in a class action against Allianz over add-on car insurance, saying lawyers’ correspondence to the court may force her to “micromanage” the proceeding.
$44.5M Woolworths class action settlement OKd but firm’s fees yet to be approved
A judge has signed off on a $44.5 million settlement of a shareholder class action against Woolworths, which includes a $4.73 million funding commission, but the amount of fees to be paid to the law firm running the case remains to be decided.
EY settlement in class action over Slater & Gordon audits approved
A judge has blessed Ernst & Young’s settlement with shareholders in a class action alleging the firm, along with Pitcher Partners, approved an overly rosy year-end financial report related to Slater & Gordon's disastrous $1.2 billion acquisition of UK business Quindell.
Funder sells stake in Commonwealth Bank class action for $7.5M
A litigation funder has reaped $7.5 million from the sale of a 20 per cent stake in a shareholder class action against the Commonwealth Bank of Australia over the bank's allegedly lax money laundering compliance.
Law firm behind ANZ, Westpac flex commission cases to try again for contingency fees
The law firm that lost the first ever application for a group costs order in class actions against ANZ and Westpac has indicated it will revive its bid, tweaking a retainer agreement with group members in hopes of winning the court's approval this time.
Class action should foot the bill for first ever group costs order, judge says
A judge who ordered the first ever group costs order in a class action has found that the costs of the application should be borne by the class action.
Claims against Macquarie Leasing dropped in ANZ flex commissions class action
Macquarie Leasing has been let off the hook in a class action alleging that a flex commissions scheme by ANZ’s former car finance business encouraged dealers to set car loan rates far in excess of base rates in exchange for large kickbacks.