Most Recent
Maurice Blackburn is stuck paying $5.4 million in security in a flex commissions class action against Macquarie, with a judge saying it represents a “business risk willingly undertaken”.
Class action settlements leaped in value last year, with three settlements topping the $200 million mark.
Boral has won a legal challenge to its former CEO facing cross-examination in a shareholder class action trial over an email referring to a confidential EY report.
Funder LLS has urged the court to approve its 20 per cent cut of a $202 million settlement in a stolen wages class action, saying that reducing the "bottom end" rate could deter investments in public interest class actions.
The Commonwealth says funder LLS should not be allowed a 20 per cent cut of a stolen wages class action settlement of up to $202 million, arguing it could produce an “excessive deduction”.
A judge presiding over a class action against Fletcher Building has clarified his relationship with the director of a litigation funder which is the basis of a recusal bid.
A law firm is challenging an order that it pay $5.4 million in a class action against Macquarie Leasing as security for the lender's costs, saying concerns about its borrowing capacity were “theoretical and speculative.”
A judge has approved a settlement of up to $180.4 million in a stolen wages class action against the WA government but slashed the law firm's fees and funder's commission.
Two High Court cases weighing key issues for class action practitioners will likely push the trial in a shareholder proceeding against the collapsed Blue Sky Alternative Investments and auditor EY to early 2026.
CBA has attacked two failed class actions' "misguided" appeal, arguing that requiring companies to disclose incomplete information to shareholders would distort the market.