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Judge says cost agreement void, but approves $2M payday for Maddens in bushfire class action
A judge has signed off on a $2 million payout for Maddens Lawyers in a class action against electricity provider Powercor over a 2018 St Patrick's Day bushfire in Victoria that settled last year for $17.5 million, despite finding that the law firm's cost agreement with group members was void.
Judge signs off on $2.6M for lead applicants in Johnson & Johnson pelvic mesh class action
A Federal Court judge has awarded combined damages of $2.6 million to the lead applicants in the Johnson & Johnson pelvic mesh class action, following a landmark ruling in November which found that the pharmaceutical giant did not adequately warn of the risks of the implants.
‘I have been ignored’: Claimant makes courtroom plea in AMP insurance churn case
An individual claimant accusing AMP Financial Planning of ignoring multiple attempts to gain remediation for alleged insurance re-writing conduct was granted permission to voice his displeasure in court, while ASIC and AMP grapple with the details of a remediation program for insurance churn victims.
Clive Palmer’s company takes another shot at shutting down class action
A company owned by Clive Palmer is appealing a ruling that denied its bid to temporarily block funding for a class action over the troubled Coolum Palmer Resort.
ACCC says court must shut down Garuda appeal for ‘deliberate and willful’ $19M fine dodge
The ACCC has asked for an interim stay of an appeal by Indonesian airline Garuda, which has yet to pay a $19 million penalty for airline price fixing, telling the court it wanted to give the company another chance to explain its "entirely exceptional" non-compliance.
ASX admits telling ISignthis it would consult with ASIC before lifting suspension
The Australian Stock Exchange has denied claims by ISignthis that it suspended the fintech company's shares without warning and at the direction of ASIC, but has admitted that it told the company it would consult with the securities regulator before lifting the ongoing suspension.
Zango hits back at Domain lawsuit, says ads were ‘puffery’
Property listing startup Zango has denied claims by listing giant Domain that its ads misleadingly represented that it will have listings before any of its rivals, saying the ads amounted to "puffery" but admitting that it self-reported the matter to the ACCC.
Otsuka, Bristol-Myers can withdraw admissions in Abilify damages case
A judge has granted a request by Otsuka and Bristol-Myers Squibbs to withdraw admissions in proceedings brought by Generic Health seeking damages, after the generic drug maker was temporarily blocked from selling a generic version of antipsychotic Abilify in a patent dispute in which it ultimately triumphed.
Judge shoots down Advanta Seeds’ bid for names of signed class action members
Farmers in a class action against Advanta Seeds over allegedly contaminated sorghum have defeated a bid by the company to hand over a list of all group members who have signed funding agreements to join the case.
Sunwater to join challenge to Queensland floods class action victory
Dam operator Sunwater will join an appeal of a victory in a class action filed on behalf of victims of the 2011 Queensland floods, despite pleas from the firm running the case and the State of Queensland that insurers for the dam operators let the ruling stand.