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Brambles has asked a judge to put off quantification of group members' claims as it challenges its loss in a shareholder class action and told the court that settlement talks would be a “waste of time and resources”.
A judge has blasted the lack of disclosure about a sibling relationship between the litigation funder and solicitor for a class action against directors of collapsed mining company CuDeco, and has ordered the parties to explain themselves.
An appeals court has tossed Maurice Blackburn’s challenge to a judge’s decision to cut its share of an $87 million settlement in a class action against Hino by $10 million.
Maurice Blackburn is seeking to increase its cut of an $87 million settlement in a class action against Hino after a court slashed the payout by $10 million.
The funder that bankrolled a settled shareholder class action against directors of collapsed mining company CuDeco and KPMG may face a haircut to its proposed 35 per cent commission after a contradictor was appointed to scrutinise the reasonableness of the rate.
Challenging the first win for shareholders in a class action, logistics company Brambles says a trial judge erred in his findings on liability as well as loss.
Logistics company Brambles has lost its bid to pause costs orders while it prepares an appeal of the first post-trial win for a shareholder class action, while also flagging a bid to stay determination of group member claims.
After handing down the first post-trial win for a shareholder class action on damages, a judge has assessed the figure owing the lead applicants, and made orders for a lump sum assessment of costs, which he estimated at $20 million.
After pocketing a partial settlement in the case, the funder behind a class action over the collapse of mining company CuDeco has copped criticism by a judge for defaulting on orders for security for defence costs.
A judge has approved a $67 million settlement in a class action against QSuper but has trimmed the payout for the litigation funder, criticising it for a "brazen and unjustified" deduction that was dropped during the hearing.