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A class action against KPMG and former Arrium directors wants to wait for the High Court's pending ruling on common fund orders before pulling the trigger on a group costs order, a request that earned a judge's grilling for what she described as a hunt for greener grass.
Uranium miner Paladin Energy is facing a second shareholder class action over alleged misleading disclosures to the market about expected production at its flagship uranium mine in Namibia.
A judge has approved a settlement in a class action against crypto firm BPS Financial that gives group members and the funder alleged worthless Qoin, an outcome described as “better than nothing”.
Mayfield Development's competition case against NSW Ports over agreements to privatise two ports has made it to the High Court, with the developer pressing its argument that derivative Crown immunity did not apply to the port authority.
Applicants in class actions against Hyundai and Kia have complained they are being left in the dark about whether a competing set of cases will amend their pleadings ahead of next month's law firm carriage fight.
Applicants in class actions against Hyundai and Kia over alleged defective braking will pay the car manufacturers' costs incurred for abandoned appeals, despite arguing the appeals were overtaken by subsequent events.
Fitch Ratings has lost its bid for summary dismissal of claims in a class action over allegedly rosy ratings for risky derivative financial products issued 17 years ago on the basis that they are time-barred.
An appeals court has dismissed a competition case by Mayfield Development against NSW Ports over agreements to privatise two ports, finding that derivative Crown immunity applied to the port authority.
Class actions against Hyundai and Kia over alleged defective anti-lock braking systems could expand "dramatically”, a court has heard, as a contest over competing cases ticks over into a second year.
A group costs order giving class action solicitors a percentage cut of the proceeds of a case is a factor in weighing whether proceedings should be transferred from Victoria to a state in which such an order could not operate, the High Court has ruled.