Settlement

An environmental group has dropped its court fight over the expansion of the New Acland coal mine in Queensland, saying the case -- which went to the High Court -- had taken a heavy financial toll.

A class action against Allianz over alleged junk add-on insurance has settled for $170 million, with two law firms set to take 25 per cent of the payout under a group costs order. 

Chinese builder Yuanda has settled a lawsuit against its former director that alleged he diverted building contracts, including a project with Lendlease, to his current employer SRG Global. 

Crocs unit Jibbitz has settled its patent dispute against Australian company Bavvaro, which was accused of selling knock-off versions of its shoe accessories. 

Class action settlements leaped in value last year, with three settlements topping the $200 million mark.

Hino Motors has agreed to pay $87 million to settle a consumer class action alleging it misrepresented that its vehicles met Australian emissions and road standards over a 20-year period.

Women who were allegedly injured by defective pelvic mesh implants can apply to set aside two approved settlements against Johnson & Johnson and Boston Scientific worth $405 million.

A judge has approved a $56 million settlement in a class action alleging Monash IVF destroyed potentially viable embryos, including a $10.6 million payout for the firm that ran the case.

A judge has given the green light to a $31.5 million settlement in a class action brought by junior doctors accusing the ACT government and North Canberra Hospital of failing to pay overtime.