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Colonial must give class action info on financial position after ‘unsatisfactory’ liability transfer
A judge has told a Colonial First State Investments unit to provide information about its financial position to the lead applicant in a class action and criticised the company for failing to disclose that it had transferred its liabilities after the class action was launched.
Insurance broker JLT Risk Solutions has opposed an application by a group of NSW councils to add misleading and deceptive conduct allegations to a long-running class action, claiming the changes would force the vacation of a five-week trial due to start in October.
Six of the world's largest car makers have agreed to pay $52 million to settle class actions accusing them of selling cars with deadly Takata airbags.
The lead applicant in a class action against Volkswagen over defective Takata airbags has been hit with indemnity costs for his failed case after a NSW Supreme Court judge found that deficiencies in aspects of the case were "manifestly clear".
A judge has ordered the ACCC to pay the State of NSW's costs in its failed proceeding against NSW Ports, finding that even though the consumer watchdog did not initially sue the state government that it was a "necessary and proper" party to the case.
The applicant in a class action against Volkswagen over defective Takata airbags has appealed a ruling dismissing the case for failing to establish any loss or damage.
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.
Six of the world's largest car makers have agreed to settle class actions accusing them of selling cars with deadly Takata airbags.
In a major defeat that could affect the fate of six other cases lined up behind it, a judge has dismissed the lead plaintiff's claims in a class action against Volkswagen over deadly Takata airbags.
Volkswagen has asked the High Court to throw out a a landmark $125 million penalty over its emissions cheating scandal, the highest ever handed down in Australia for consumer law violations.