Most Recent
$405M pelvic mesh settlement distribution can’t ‘drag on’, judge says
A judge has expressed concerns after hearing that up to 20,000 group members in three pelvic mesh class actions have yet to receive payment from $405 million in settlements approved in March last year.
Medibank says Deloitte data breach report not relevant in shareholder class action
Medibank is seeking to shield from a shareholder class action an "irrelevant" post-incident report by Deloitte into its massive October 2022 data breach.
AAI class action wants to press mandatory insurance claim at trial
A 'junk' insurance class action against Suncorp unit AAI wants an initial trial to deal with the claim -- absent a sample group member -- that car dealers made purchasing a policy necessary for a loan.
Class action firms can breathe easier after first contingency fee win
Class action settlement approval hearings are not a time for the court to second guess a law firm's contingency fee as set down in a group costs order, a judge has found, but the question of proportionality is still key, and evidence of a firm's return on investment and hourly fees may be relevant to the final decision.
$12.8M payday for Slater & Gordon as judge blesses first class action contingency fee
A judge has signed off on the first-ever settlement allowing a law firm to earn a contingency fee, approving a $12.8 million cut for Slater & Gordon in a shareholder class action against G8 Education.
Judge orders soft class closure in Medibank shareholder class action
A judge has made soft class closure orders in a shareholder class action against Medibank after the High Court has been asked to resolve a split on the issue by intermediate appellate courts.
Law firm’s bid for $12.8M cut of G8 class action needs more evidence, court told
In the first-ever settlement approval hearing involving a group costs order, a contradictor has argued that Slater & Gordon should have provided the court with more information on legal costs and internal rate of return as part of its bid for a $12.8 million contingency fee.
Worley wants new bench in second shareholder class action appeal
Counsel for Worley in a nine-year-old shareholder class action that is set for another Full Court appeal has foreshadowed a possible recusal application against the judges who heard the first appeal.
Hastie liquidators lose appeal bid in $63.5M case against Multiplex, others
The liquidators of collapsed engineering company Hastie Group have lost their bid to appeal a decision that knocked out half its $120 million case against Multiplex, Lendlease and numerous other builders.
Court OKs $23M settlement in Wellard class action despite funder’s ‘lion’s share’
A judge has approved a settlement in a shareholder class action against livestock exporter Wellard that grants a 34 per cent cut for group members, saying that investors had agreed to the lawyers and funder receiving the “lion’s share”.