Most Recent
Court slashes law firm’s costs in Aveo class action settlement
A judge has cut law firm Levitt Robinson’s costs in a class action against retirement village provider Aveo, finding the solicitors were “seriously derelict” in serving their evidence on loss and ran up over $1 million in avoidable costs.
Virgin bondholders say indemnity unlawfully holding up class action
An investor class action against Virgin Australia has mounted a new challenge to a contentious indemnity clause, which the airline claims entitles it to receive periodic payments for its legal costs in defending the claims.
Medibank says allowing OAIC class action-style case could hurt public’s view of court
Medibank has asked a judge to put the kibosh on class action-style proceedings filed with the OAIC, arguing findings inconsistent with those in a class action over its October 2022 data breach could do damage to the public's view of the court.
Court OKs 30% GCO for law firm running hotel quarantine class action
The firm behind a class action over Victoria's COVID-19 hotel quarantine debacle has won a group costs order providing for a 30 per cent contingency fee, after promising it won't ask for more down the road.
BHP class action fights ruling limiting group size
A class action against BHP over the collapse of a Brazilian dam has appealed a judgment that found shareholders who did not purchase their stock on one of the three exchanges on which the mining giant is listed are excluded from the case.
AMP to pay $100M to settle BOLR class action
AMP has agreed to pay $100 million to settle a class action by financial advisers over its buyer of last resort policy, after suffering a loss at trial.
Aveo’s $11M class action settlement OK’d, but ‘avoidable costs’ yet to be doled out
A judge has given the green light to a $11 million settlement in a class action against retirement village provider Aveo, but reserved his decision about whether a contested amount of over $1 million should go to group members or the law firm that brought the case.
Law firm set to profit ‘handsomely’ from GCO in Crown class action, should pay up, court told
Crown Resorts is seeking $10 million in security for costs from the law firm running a shareholder class action accusing it of lax anti-money laundering compliance, arguing the sum is justified in light of the firm’s potential recovery under a tiered group costs order.
BHP shareholders from secondary platforms not part of class action, court says
BHP has won its argument that shareholders who did not purchase their stock while trading on one of the three exchanges on which the mining giant is listed are excluded from a securities class action over the collapse of a Brazil tailings dam.
Retrial means new trial in trade secrets case, judge says in parsing ‘ambiguous’ Full Court order
Construing an “ambiguous” order from the Full Federal Court, a judge has ordered a fresh trial in a trade secrets case that touched on the permissible scope of law firms’ involvement in drafting expert reports.