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A proposed 90-day standstill that gives law firms time to file competing class actions without rushing to court has garnered support from multiple Federal Court judges, and could be adopted as part of new protocols being considered, one judge said Friday.
Responding to a judge's criticism of the class action "beauty parade", two rival law firms have come up with a plan to deal with their competing shareholder class actions against Brambles.
Last year was an exciting one for class action lawyers, with monumental court decisions on competing cases, cross-jurisdictional spats, proportionality in settlements and the power of judges to decide how a recovery is distributed. Here, top class action litigators tell us what the most significant rulings of 2018 were and why the decisions will continue to matter this year.
The Australian Competition and Consumer Commission has lost an appeal of a ruling that dismissed its case over allegedly inadequate disclosures by private health insurer Medibank relating to member benefits.
The law firms that challenged a ruling staying their cases against GetSwift gave the Full Federal Court a chance to guide judges managing competing class actions, but they can't avoid paying their opponents' legal costs because the court happened to seize the opportunity.
Law firm Squire Patton Boggs is taking a fight over a ruling that shut down its shareholder class action against logistics startup GetSwift to the High Court.
The Australian Securities & Investments Commission has largely prevailed on appeal to the High Court in its case against former directors of collapsed retirement village owner Prime Trust, including former federal health minister Michael Wooldridge.
The two funders paying for a shareholder class action against facility services company Spotless Group want 25 percent of any net settlement or judgment in the case, a rate that mirrors the commission approved in a common fund order now at the centre of a constitutional challenge.
A judge has taken a hatchet to Quinn Emanuel's fees and the funder's cut in a $12 million settlement of a class action against Bank of Queensland, a settlement which he previously described as one of the "worst" he'd ever seen.