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Boral's former CEO Michael Kane can be questioned at trial over a reference he made in an email to findings by EY about the building material group's poor performing US windows business, despite claims that the findings were privileged.
The judge overseeing an $100 million class action against NAB over the collapse of Walton Construction has rejected the bank’s bid for soft class closure ahead of mediation.
Citing the significant time and costs invested in the litigation, the applicant in the second filed class action over the collapse of Quintis wants his half of a $4.37 million settlement with the sandalwood producer to fund ongoing costs in what remains of the case.
Class action settlement approval hearings are not a time for the court to second guess a law firm's contingency fee as set down in a group costs order, a judge has found, but the question of proportionality is still key, and evidence of a firm's return on investment and hourly fees may be relevant to the final decision.
A judge has signed off on the first-ever settlement allowing a law firm to earn a contingency fee, approving a $12.8 million cut for Slater & Gordon in a shareholder class action against G8 Education.
Buoyed by the recent trial success of CBA and other companies facing shareholder ire, building materials giant Boral is taking its chances at a hearing in a class action alleging disclosure breaches linked to its US windows business.
The High Court has agreed to step in to resolve division among Australia's courts on the question of power to make orders that exclude unregistered group members from class action settlements.
A $13.5 million settlement has been reached in a Gadens-led class action against former Quintis director Frank Wilson, and the funder of a rival class action is preparing to seek a chunk of the sum in what a judge has called a “most unusual circumstance”.
A class action has lost its appeal to the High Court in a case alleging Advanta Seeds owed damages to farmers for the economic loss resulting from its negligence in producing contaminated grain sorghum seed, with the justices clarifying that a duty of care may be established only if responsibility is assumed.
The High Court has been asked to overturn a Full Court decision finding lawyers can take a cut from a class action settlement under a solicitors’ common fund order and to finally settle the question of whether the court has the power to issue common fund orders at all.