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The lead plaintiff in the Queensland floods class action has been awarded more than $253,000 in compensation from the state government and two dam operators, which were found to have been jointly liable for damage from the 2011 disaster which destroyed 2,000 homes.
Eight months after defeating a case brought by the prudential regulator alleging breaches of superannuation laws, wealth manager IOOF has escaped a class action without paying a cent to shareholders.
A Melbourne-based immigration law firm has been dragged into court by job search platform Seek for alleged flagrant violations of its trade marks.
German cladding manufacturer 3A Composites is pushing forward with a bid to close a class action over allegedly combustible cladding to registered group members, arguing that a recent appeals court decision does not bar class closure in this case.
The Virgin Australia administration continues to boost billables at the top end of town, with a short list of “well-funded” buyers revealed on Monday and an intense four weeks ahead as the bidders and their law firms scramble to make binding offers by the mid-June deadline.
A judge has signed off on a $49.5 million settlement in a class action against National Australia Bank over ‘junk insurance’, including millions in fees for the firm that brought the case on a no-win, no-fee basis, despite calling the settlement sum a “substantial compromise”.
A decision this week rejecting a proposed common fund order at the settlement approval stage of a class action against teleco Vocus has dashed the hopes of litigation funders that a recent High Court ruling would not foreclose on judges using discretion at the end of a case and will cement a return to bookbuilding and a focus on shareholder class actions by institutional investors.
Responding to a judge's criticism that he had been "fobbed off" about how many PFAS class actions it expected to file, Shine Lawyers has said it has no current plans to bring more cases against the Department of Defence over the toxic foam.
The Queensland government is seeking court orders that put dam operators Seqwater and Sunwater on the hook for the vast majority of damages after a class action judgment found negligence in the lead up to the state's 2011 floods that destroyed 2,000 homes.
The administrators of Virgin Australia will not have to pay the troubled carrier’s aircraft and other lease payments, after a court granted them a temporary exemption from liability.