A judge has adjourned a hearing seeking approval of a $37.35 million settlement in a shareholder class action against EML Payments over concerns about the exclusion of late registrants and claims.
The judge overseeing a class action against TeleChoice has told the parties to be “prepared to spend the money” to advance the case after settlement talks stalled, saying the court is “not going to allow this to drag on”.
Shine Lawyers has withdrawn an application to increase its payout from a class action against EML Payments, which has settled for $37.2 million.
The contingency fee rate sought by Shine Lawyers in its bid to vary a group costs order in a class action against EML Payments has been revealed as the percentage profit it initially proposed to a judge, who took an ax to it three years ago.
Shine Lawyers has come under fire from a judge, after the firm filed an application to materially vary a 24.5 per cent group costs order in a settled shareholder class action against EML Payments.
A court has approved Crown Resorts’ $72.5 million settlement of a shareholder class action, as well as a $20 million cut for the plaintiff’s law firm.
Maurice Blackburn has proposed expanding the group definition in class actions against Hyundai and Kia over allegedly defective anti-lock braking systems after winning a carriage fight against a proceeding that included additional recalls in its group membership.
A judge has questioned why group members in a shareholder class action against Crown Resorts must wait until mid-2026 to receive the first slice of a $73 million settlement, which has already been paid by the casino operator.
A Federal Court judge has predicted class action defendants will start arguing law firms cannot cooperate in running class actions, after a different judge hearing a case against Google recently remarked that such arrangements could be anti-competitive.
TaxiApps, the operator of the GoCatch rideshare app, has failed to prove that Uber engaged in an unlawful conspiracy, despite a judge finding the rideshare giant intended to harm the defunct taxi app and “surreptitiously” obtained a confidential driver list.