A law firm wants to challenge a court order that it play nice with a competing firm in a class action for investors against Blue Sky Alternative Investments and auditor EY.
A judge has ordered two law firms that filed competing shareholder class actions against failed Blue Sky Alternative Investments and auditor EY to team up to run a consolidated proceeding, despite opposition by one firm.
Nuix has pointed the finger at its accountant PricewaterhouseCoopers in the software company’s defence to a class action over a prospectus for its $1.8 billion IPO two years ago.
Fonterra has agreed to shell out $25 million to settle a class action by dairy farmers alleging they were underpaid when Fonterra slashed milk prices and sought a “clawback” in 2016.
The applicants in a consumer class action against Allianz have been ordered to produce an insurance policy that covers them for the risk of losing the case, which the insurer says will inform its bid for security for costs.
A judge has approved a $41 million settlement in a shareholder class action against Pitcher Partners but has reduced the funder’s cut to $11.5 million after resolving a feud with the lead applicant over how much it should receive for taking the case to trial.
A class action on behalf of Dixon Advisory clients with claims allegedly worth $463 million has won orders that the collapsed wealth manager disclose its insurance for liability in the proceedings. Its bid for orders that two insurers produce any relevant policies was unsuccessful.
The lead applicant in a class action against Sydney-based plastic surgeon Daniel Lanzer and four of his associates wants to join the wife of one of the doctors named in the suit, brought on behalf of patients who allegedly suffered “horrific” consequences from surgeries performed at Lanzer’s clinic.
Two insurers for Dixon Advisory have argued they should not have to disclose policies that could respond to mammoth claims in a class action against the collapsed financial services firm estimated to be worth $278 million and $463 million.
A landmark class action on behalf of over 1,700 family members and deceased estates of the Northern Territory Stolen Generations has reached a $50.45 million settlement with the federal government.