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A judge has approved a $29.6 million settlement in a class action against Westpac’s former home lending business RAMS, including $4 million in legal costs and a $12 million funding commission.
A judge has refused a bid by fund manager Blue Sky for an extension in a shareholder class action, saying the amount of costs wasted in the case by “unreasonable positions being taken” was "astounding".
In a change of heart, a judge has appointed two barristers to act as contradictors in argument over the funder's proposed $244 million cut of a record $750 million settlement in two Toyota class actions.
A judge has called for an overhaul of the traditional expert evidence process, which he said was one driver of the high cost of civil litigation, remarking that courts are not an “expensive dispute resolution service” reserved for corporations and the wealthy.
The litigation funder that bankrolled two class actions against Toyota, which settled this month for a record $750 million, faces a grilling by the Federal Court over its proposed commission -- the largest payout ever sought in an Australian class action.
The private credit firm that backed bankrupt publican Jon Adgemis has failed in its fight for the costs of its court action against the corporate regulato over notices to produce documents it said were shielded by legal professional privilege.
Trading platform Plus500 has taken its challenge to an investor class action to the High Court, after an appeals court upheld a finding that an arbitration clause in its terms and conditions was unfair.
Toyota has agreed to pay $750 million to settle two class actions over defective diesel filters following a significant win in the High Court over the calculation of damages, the biggest settlement in Australia's class action history.
A judge has panned a claim that details about a $750 million class action settlement by Toyota might cause "stress and anxiety", in a decision that reveals how much drivers can expect on average from the record sum.
Atlassian has told a court that a software engineer's “overuse” of artificial intelligence was a distraction to the rest of his team and needed to be addressed through performance management.