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Funder to get 30% cut of confidential KPMG class action settlement
Class Actions 2019-04-05 1:19 pm By Miklos Bolza

Litigation funder Litigation Capital Management will snap up 30 percent of a confidential settlement amount that KPMG has fought to keep under wraps in a […]

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KPMG settles class action over $840M failed takeover offer
Class Actions 2019-04-02 8:43 pm By Cat Fredenburgh

A settlement has been reached in a class action against KPMG alleging it providing a misleading expert report to copper miner Discovery Metals that was […]

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Westpac slams Maurice Blackburn for racing to file home loans class action
Class Actions 2019-03-22 3:15 pm By Miklos Bolza

Banking giant Westpac has criticised Maurice Blackburn for rushing to file the first class action in the wake of the banking royal commission’s scathing final […]

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Law firm can’t replace uncooperative expert in KPMG class action, judge says
Financial Services 2019-02-22 4:17 pm By Cat Fredenburgh

A judge has denied law firm Piper Alderman’s request to replace an uncooperative expert witness in a class action against KPMG over a failed takeover […]

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Common fund orders in class actions either ‘premature’ or ‘pointless’, joint appeals court told
Appeals 2019-02-04 8:39 pm By Miklos Bolza

An appeal before a historic joint sitting of two courts over so-called common fund orders in class actions kicked off Monday with a full bench of […]

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Penalties in VW class actions could be ‘horrendous’, judge says
Class Actions 2018-12-12 5:35 pm By Miklos Bolza

A judge has expressed skepticism of Bannister Law’s plan to hire powerhouse US lawyer Kenneth Feinberg, who oversaw the September 11th victims compensation and BP oil […]

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ASIC suffers another loss in Westpac dodgy home loan case
Financial Services 2018-12-11 11:14 pm By Christine Caulfield

The Australian Securities and Investments Commission has lost a bid to have the Federal Court decide a threshold legal question in its dodgy home loan […]

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After settlement rejected, ASIC takes Westpac case to trial
Financial Services 2018-12-10 1:59 pm By Miklos Bolza

The corporate cop’s case against Westpac over allegedly irresponsible lending practices will go to trial after the Federal Court rejected the bank’s $35 million settlement. […]

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Court rejects Westpac’s $35M settlement with ASIC
Financial Services 2018-11-13 11:41 am By Miklos Bolza

The Federal Court has thrown out a proposed $35 million settlement between ASIC and Westpac over responsible lending breaches, saying the agreement was “unworkable” and […]

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Funder wants major role in common fund challenge
Class Actions 2018-11-12 8:58 pm By Miklos Bolza

Litigation funder Regency Funding has sought leave to intervene as a major player in one of two challenges to the courts’ powers to issue common […]

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