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Environmental Defenders Office may face costs in Barossa pipeline case against Santos
Energy & Natural Resources 2024-04-05 11:27 pm By Sam Matthews

Santos wants four activist organisations to hand up any communications with the Environmental Defenders Office over its unsuccessful challenge to the construction of a pipeline for the energy company’s $5.6 billion Barossa gas project, as it seeks to recover third-party costs against the legal centre for its conduct in running the proceedings.

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Court OKs $23M settlement in Wellard class action despite funder’s ‘lion’s share’
Class Actions 2024-03-28 4:28 pm By Cindy Cameronne

A judge has approved a settlement in a shareholder class action against livestock exporter Wellard that grants a 34 per cent cut for group members, saying that investors had agreed to the lawyers and funder receiving the “lion’s share”. 

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Hotel quarantine class action can’t proof witnesses ahead of criminal trial
Class Actions 2024-03-27 9:06 pm By Sam Matthews

The state of Victoria has won its bid to prevent lawyers for a class action over Victoria’s COVID-19 hotel quarantine debacle from proofing lay witnesses, ahead of a criminal trial against the Department of Health, which is due to start in May.

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Court asked to sign off on 34% cut for group members in Wellard class action
Securities 2024-03-14 4:36 pm By Sam Matthews

A shareholder class action against livestock exporter Wellard is seeking approval for a $23 million settlement which will see only $7.86 million go to group members, telling the court that the funder and law firm that ran the case have agreed to take a haircut on the deductions they’re entitled to.

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Law firm wins 30% contingency fee rate in IAG shareholder class action
Class Actions 2024-02-29 11:50 pm By Christine Caulfield

The law firm behind a class action against Insurance Australia Group has secured a group costs order that will give it 30 per cent of any proceeds — a contingency fee rate six percentage points higher than the median rate for shareholder cases.

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Deductions to eat up 66% of Wellard shareholder class action settlement
Class Actions 2024-02-13 10:43 pm By Cat Fredenburgh

Group members in a shareholder class action against livestock exporter Wellard will get 34 per cent of a $23 million settlement if the court approves deductions sought by the funder and law firm that ran the case.

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Airbags class action against Volkswagen suffers High Court loss
Appeals 2024-02-08 10:28 pm By Cat Fredenburgh

The High Court has refused special leave in a failed class action against Volkswagen over allegedly defective Takata airbags.

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Judge approves 27.5% GCO in ‘complex’ Medibank class action
Class Actions 2024-02-06 10:23 pm By Sam Matthews

A judge has signed off on a 27.5 per cent group costs order in a consolidated shareholder class action against Medibank over a cyberattack that affected 10 million customers, noting the “significant risk” taken on by the two plaintiff law firms running the action. 

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Lawsuit accuses PwC of denying ex-partner retirement payments over leaks crisis
Tax 2024-02-02 5:36 pm By Cindy Cameronne

A former PricewaterhouseCoopers partner has sued the firm for denying him retirement payments for moving to alleged competitor DLA Piper and for his alleged involvement in the firm’s tax leaks crisis.

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Cattle exporter Wellard settles shareholder class action for $23M
Class Actions 2024-02-02 3:01 pm By Cindy Cameronne

A shareholder class action against livestock exporter Wellard over a profit downgrade following its $300 million initial public offering in 2015 has settled for $23 million. 

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