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Superannuation trustee Macquarie says a class action over the collapse of the Shield investor fund needs to back up its claim of loss, which it says must account for its remediation to members in a parallel case by ASIC.
Class action settlements hit major milestones last year, with the year’s largest settlements totalling $1.6 billion and one case resolving for a historic $548.5 million.
A $175 million deal struck to resolve 30 class actions on behalf of junior doctors in Victoria has earned the approval of a judge, who took the unusual course of dispensing with a court hearing on the settlement.
Class action settlements leaped in value last year, with three settlements topping the $200 million mark.
A "time poor" judge's extensive copying and pasting of submissions and an offensive tweet by senator Pauline Hanson were at the centre of the week's biggest litigation wins.
A judge has ordered Victoria's Peninsula Health to fork over $316,260 in penalties for failing to pay overtime to a junior doctor leading a class action, saying the hospital operator had a “highly irresponsible attitude”.
As the Fair Work Commission takes its plan to appoint an administrator to the construction division of the CFMEU to court, a judge has recused himself from hearing the case after acting against the union while at the bar.
After leading the first in a series of class actions by thousands of junior doctors to victory at trial, the applicant in a landmark wage case against Peninsula Health has told a judge the penalty against the Victorian hospital operator must send a clear message.
The lead applicant in a class action over the alleged unlawful detention of 240 Indonesian children and the Commonwealth are locked in a battle over the construction of a $27.5 million settlement reached last year.
Victoria's Peninsula Health has abandoned an appeal of a ruling in a class action that found it breached workplace laws by failing to pay overtime to a junior doctor, a capitulation that could be a game changer for a series of class actions against health care providers.