The funder behind a class action against the operator of Gladstone Port has bowed out after spending $30 million on the case, and is weighing proceedings to recover its sunk costs from the law firm that initially ran the litigation.
The shareholder leading a class action against failed fund manager Blue Sky Alternative Investments has lost a bid for a split trial it accepted was novel, despite arguing the usual course for trials in securities cases was “misconceived”.
A judge overseeing a class action on behalf of 300,000 allegedly underpaid McDonald’s workers wants to know the monetary value of the claims, while also questioning why the initial trial in the complex case is set to run for 35 days.
A class action against Blue Sky Alternative Investments won’t seek to transfer the case to contingency fee-friendly Victoria despite a High Court ruling that put the kibosh on solicitors’ common fund orders.
A class action against Sony alleging it used restrictive trade practices to block competition with its Playstation store will likely need to make “substantial” changes to its case, a court has heard.
Maurice Blackburn’s costs in running a ‘junk’ insurance class action which settled for $34 million will not be fully covered under a 25 per cent group costs order, a court has heard.
A judge has expressed doubt about the need for expert evidence in class actions against McDonald’s and KFC over their alleged failure to give workers rest breaks, saying “I imagine if you’re a worker, you’d like a rest”.
An appeals court has dismissed a law firm’s challenge to a ruling that cut $1.14 million of its fees from a settled class action against retirement home operator Aveo, noting the “inordinate delay” in preparing key evidence. The class action, launched in September 2017 on behalf of residents at Aveo’s retirement villages, settled for $11…
A class action against KPMG and former Arrium directors wants to wait for the High Court’s pending ruling on common fund orders before pulling the trigger on a group costs order, a request that earned a judge’s grilling for what she described as a hunt for greener grass.
A class action against online trading platform IG Markets over alleged risky contracts for difference has dropped its conflicted remuneration claims after the court heard it was struggling to find a sample group member.