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A judge has approved a $50 million settlement in a class action against ANZ and superannuation trustee OnePath, but has slashed by half a proposed $1.76 million deduction for the plaintiff firm's after-the-event insurance.
A judge has criticised lawyers acting in underpayments cases against Coles and Woolworths for overly lengthy submissions and a lack of cooperation, saying the dispute has gone “off the rails”.
A law firm bringing a class action alleging Harvey Norman sold worthless warranties is seeking a 30 per cent group costs order, arguing times have changed and that the court should only consider GCOs awarded in the past year.
The law firm running a no win, no fee class action against ANZ and superannuation trustee OnePath has defended a $1.7 million cut from a $50 million settlement to cover an after-the-event insurance policy.
Macquarie is fighting a bid to amend a class action over an alleged misleading prospectus for Nuix’s $1.8 billion IPO only months out from trial, calling the changes “unclear and unfair”.
Underpayments class actions against Coles and Woolworths want to expand their claims to cover a longer time period, which would leave the supermarket giants with even bigger remediation bills than the $780 million estimated in the wake of a finding that underpayments cannot be set off.
The firm wants a bigger slice of any recovery in its case against Paladin Energy, but its clearer funding arrangement and realistic litigation budget give it the edge over a rival class action outfit, a judge has found.
JB Hi-Fi has lost its bid for soft class closure orders in a class action on behalf of eight million customers, with a judge finding it would likely lead to conflicts of interest and a "post-settlement wave" of late registrations.
Coles and Woolworths estimate they will need to remediate underpaid workers up to $780 million, following a complex judgment in two class actions and regulatory proceedings handed down last week.
A judge has criticised the “unacceptably complex” trial of two regulatory cases and two underpayments class actions against Coles and Woolworths, delivering a ruling whose significance for the workers is not yet clear.