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A judge has sided with five investments banks and rejected a bid to amend a class action alleging a series of cartel agreements to rig foreign exchange rates, saying there were "substantial problems" with the proposed pleadings.
The law firm that led an unfunded class action against the Federal government over the controversial Robodebt scheme will ask the court to approve up to $16 million in legal costs when it seeks approval for the $112 million settlement reached in the class action last year.
The applicant in the settled Robodebt class action has warned a judge he will have a "dispute on [his] hands" if the government presses an argument that law firm Gordon Legal is not entitled to some of its legal fees -- an argument the court was told would put the Commonwealth in breach of the settlement deed.
BHP Group Ltd has appealed a ruling allowing foreign group members to be part of a shareholder class action against the mining giant over the Fundao dam failure in Brazil five years ago.
Mining giant BHP has lost a fight to keep foreign group members out of a shareholder class action over the Fundao dam failure in Brazil five years ago.
Five investment banks facing a class action for their alleged rigging of foreign exchange rates have slammed the "unclear" and "incredibly vague" case, saying it contains "literally trillions" of possible variations of the cartel agreement allegedly entered into.
Mining giant BHP is seeking to have foreign group members shut out of a shareholder class action over the Fundao dam failure in Brazil five years ago.
A judge has dismissed a class action accusing Government ministers of misfeasance in public office over the practice of securing Nauruan visas for those detained on the island.
Former Dover Financial director Terry McMaster on Monday admitted to personally drafting a so-called client protection policy described by a judge as an "exercise in Orwellian doublespeak", as the court heard evidence that the defunct financial firm ignored red flags raised by two law firms about the policy.
BHP has failed in a bid to shut down a class action over the Fundao dam failure pending criminal proceedings in Brazil, with a judge ruling the mining giant would not be prejudiced if the case proceeded for now.